IBN FINANCIAL SERVICES, INC. of LIVERPOOL, NY is an SEC-registered investment adviser (CRD 42360). Regulatory assets under management: $87.7M. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Hourly, Other.
Clients served: Individuals, High net worth, Charities.
| Name | Role | Location |
|---|---|---|
| Monica Ann Coles | CHIEF COMPLIANCE OFFICER | — |
| Richard James Jr Carlesco | CHIEF EXECUTIVE OFFICER, CHEIF FINANCIAL OFFICER | — |
| Christopher Ryan Avery | CHIEF OPERATIONS OFFICER | — |
| Timothy Edward Evans | CHIEF COMPLIANCE OFFICER; EQUITY PARTNER | — |
| EVANS RONALD EDWARD | CHIEF COMPLIANCE OFFICER | — |
| CARLESCO RICHARD JAMES JR | CHIEF EXECUTIVE OFFICER, CHEIF FINANCIAL OFFICER | — |
| AVERY CHRISTOPHER R | PRESIDENT | — |
| AVERY CHRISTOPHER RYAN | CHIEF OPERATIONS OFFICER | — |
| Karen Le'Ellen Coker | DIRECTOR | — |
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2025-01-29 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND THE THE ENTRY OF FINDINGS THAT IT WILLFULLY VIOLATED RULE 15L-1(A)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 (REG BI) BY FAILING TO REASONABLY SUPERVISE, AND FAILING TO ENFORCE WRITTEN POLICIES AND PROCEDURES REASONAB… | Final | $50K |
| 2022-09-20 | regulatory | THE FIRM FAILED TO ESTABLISH, MAINTAIN, AND ENFORCE A SUPERVISORY SYSTEM, INCLUDING WSPS, REASONABLY DESIGNED TO ENSURE IT EVALUATED WHETHER ITS REGISTERED PERSONS PROPOSED OBAS CONSTITUTED OUTSIDE SECURITIES ACTIVITIES. THAT TWO OF ITS REGISTERED REPRESENTATIVES WERE ENGAGED IN OBAS THAT INVOLVED I… | Final | $30K |
| 2022-04-14 | regulatory | BETWEEN JUNE 8, 2018, AND JUNE 29, 2018, IBN NEGLIGENTLY OMITTED TO TELL EIGHT INVESTORS IN TWO OFFERINGS RELATED TO GPB CAPITAL HOLDINGS, LLC (GPB CAPITAL) THAT THE ISSUER FAILED TO TIMELY MAKE REQUIRED FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION,INCLUDING FILING AUDITED FINANCIAL STATEMENT… | Final | $45K |
| 2019-06-01 | regulatory | RESPONDENT VIOLATION REGULATION S-2016-01, 3-1(3) FOR FAILING TO HAVE AT LEAST ONE AGENT REGISTERED IN THE STATE OF VERMONT. | Final | $2K |
| 2016-11-17 | regulatory | ON SEVERAL OCCASIONS FROM DECEMBER 2015 THROUGH SEPTEMBER 2016 THE FIRM CONDUCTED SECURITIES BUSINESS WHILE FAILING TO MAINTAIN ITS REQUIRED MINIMUM NET CAPITAL | Final | $15K |
| 2014-07-01 | regulatory | THE DEPARTMENT ALLEGED THAT THE FIRM FAILED TO REASONABLY SUPERVISE IT'S AGENT WHOSE CONTINUED REGISTRATION IN PENNSYLVANIA WAS SUBJECT TO A PLAN OF HEIGHTENED SUPERVISION. | Final | $10K |
| 2014-03-01 | regulatory | MISREPRESENTATION. FAILURE TO DISCLOSE THAT SELLER CONTINUED TO OWN THE PENSIONS AND COULD STOP THE BENEFIT PAYMENTS BEING MADE TO THE INVESTOR. | Final | $10K |
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