Michael Roberts of Triad Advisors Customer Complaints

Israels & Neuman, PLC

Did you invest with Eugene, Oregon advisor Michael D. Roberts? You may be able to recover investment losses. Our securities arbitration law firm, is reviewing claims made by a former customer against Michael or Mike Roberts, who formerly was a representative with Triad Advisors, Coastal Equities, and Centaurus Financial.

Allegations of Customer Complaint

According to FINRA’s BrokerCheck, a former customer of Roberts filed a complaint with FINRA in May 2025.  The customer alleged that Roberts sold them private placements and real estate investments (REITs) that were risky and unsuitable.  The customer alleged that the losses from the products sold by Roberts lost over $2.2 million.  The alleged conduct started in 2013.

Michael Roberts’ Securities Background

Mike Roberts was a representative of Triad Advisors from July 2017 to April 2023.  He also worked with Coastal Equities and Centaurus Financial.  He is now registered with The Strategic Financial Alliance. 

Roberts worked in offices Eugene, Oregon; Gilbert, Arizona; and Chandler, Arizona.  Roberts has also been the subject of a 2010 customer complaint which settled for about $85,000 and another complaint in 2018 that settled for $7,500.

Are the Brokerage Firms Liable for this?

FINRA rules provide that advisors like Mike Roberts have to make investment recommendations that are suitable for the customer, based on the customer’s age, risk tolerance, investment objectives, and financial resources.  Roberts’ brokerage firms could be liable if they failed to reasonably supervise Roberts’ conduct.

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