Brian R. Thomas

(CRD #4243411, Bloomfield Hills, Michigan)

May 15, 2026 – An AWC was issued in which Brian R. Thomas was fined $5,000 and suspended from association with any FINRA member in all capacities for one month. Without admitting or denying the findings, Thomas consented to the sanctions and to the entry of findings that he borrowed $50,000 from a firm customer who was not an immediate family member without providing prior written notice to or obtaining approval from his member firm. The findings stated that the customer was a personal friend whose relationship with Thomas predated his status as a customer of the firm. Thomas used the funds to pay for personal expenses. Thomas did not memorialize the loan in writing and did not discuss any repayment terms with the customer. Ultimately, Thomas repaid the full amount of the loan, with interest.

The suspension is in effect from May 15, 2026, through June 14, 2026. (FINRA Case #2025085647701)

If you have suffered losses as a result of Brian R. Thomas’ act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Brian R. Thomas. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-330-6707 or email Matthew Schwartz directly at mschwartz@tslfirm.com.