Gary Gustave Benson (CRD#1182211) and INDEPENDENT FINANCIAL GROUP, LLC

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Gary Gustave Benson (CRD#1182211) regarding allegations made regarding the following:

Claim(s) Made Against Gary Gustave Benson:

Claim Date: 4/13/2022

“Client alleges Inaccurate minimum income figures were provided to client on one of annuities purchased. Client has two other annuities with minimum income benefits. They have increased to higher minimum income amounts. The combined total minimum income benefits on all annuities are higher than amounts originally presented. The combined total amount client invested in all annuities is much higher in value. Client is not financially harmed.”

This claim is currently Settled with a claim amount of $5,500.00 .

The investor was paid $142,500.00 by the brokers’ firm.

Claim Date: 10/13/2022

“Claimant alleges product was not suitable”

This claim is currently Pending with a claim amount of $200,000.00 .

As of 3/5/2024, this claim status is Settled.

See more information on FINRA’s BrokerCheck site for Gary Gustave Benson.

Did you have problems with Gary Gustave Benson?

The Securities Lawyers are researching bringing claims on behalf of individual(s) and/or a group of investors for recovery of their funds. Most customers will have signed a FINRA arbitration agreement to resolve disputes, including claims for reimbursement of these types of investment losses. As the SEC reminds investors, it can be important to find an attorney that “specializes in resolving securities complaints.” If you were a customer of Gary Gustave Benson and INDEPENDENT FINANCIAL GROUP, LLC and suffered investment losses, please contact the Securities Lawyers. We only get paid if we recover your money. Your claim may be subject to a time limit or statute of limitations, so contact an attorney right away.

If you were a customer of Gary Gustave Benson and INDEPENDENT FINANCIAL GROUP, LLC from ENCINO, CA and had a similar issue or experience, we are interested in discussing a potential claim with you. Brokerage firms have a responsibility to supervise all representatives who are registered through their firm. (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Gary Gustave Benson, the broker dealer may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country.

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.