Frank Stewart Chan (CRD#2549010) and OSAIC WEALTH, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Frank Stewart Chan (CRD#2549010) regarding allegations made regarding the following:

Claim(s) Made Against Frank Stewart Chan:

Claim Date: 12/18/2023

“Mr. Chan is named as a respondent where the claimants allege that another registered representative recommended investments that were largely concentrated in illiquid, speculative, low-quality, and high commission non-traded real estate investment trusts and Business Development Companies.”

This claim, as of this posting, is currently Pending with a claim amount of $1,521,706.00 .

See more information on FINRA’s BrokerCheck site for Frank Stewart Chan.

Did you have a negative experience with Frank Stewart Chan?

Recovery can often depend on finding a lawyer that “specializes in securities complaints” as the SEC reminds investors. (See more information in our video, How to file a complaint against a Financial Advisor.) If you are a former customer of Frank Stewart Chan and OSAIC WEALTH, INC. and have incurred investment losses, please contact the Securities Lawyers. You may be entitled to financial compensation, and we work on a contingency basis, meaning we only get paid if we recover your money. Please note that there may be time limits or statutes of limitations that apply to your claim, so it is important to act quickly and speak with an attorney as soon as possible.

If you are a current or former client of Frank Stewart Chan and OSAIC WEALTH, INC. from NORTHRIDGE, CA, and have encountered any issues or problems with your account or investments, the Securities Lawyers at Halling & Cayo, S.C. want to speak with you about the possibility of pursuing a claim. Brokerage firms have a duty to oversee all of their registered representatives, including Frank Stewart Chan, and ensure that they follow all securities regulations, rules, and internal policies. If a brokerage firm fails in this duty, it may be held accountable for investment losses sustained by customers due to a lack of supervision. (More information in our video, When can you bring a claim against your financial advisor.)

Contact The Securities Lawyers


Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.