Allegations Against Danny Pelton

According to FINRA’s BrokerCheck, Arvest Wealth Management fired Danny Pelton in December 2025.  Regarding the reasons for his termination, the firm simply disclosed “Please see the 7B DRP”.  This refers to a line on a Form U-5, which is a document that a brokerage firm files with a regulator when a broker’s registration is terminated with the firm.  Line 7B of the Form U-5 asks whether the representative “Currently is, or at termination was, the individual under internal review for fraud or wrongful taking of property, or violating investment-related statutes, regulations, rules or industry standards of conduct?”.

Pelton’s BrokerCheck report does not disclose what was the alleged conduct at issue.

Background on James Pelton

James Pelton was licensed with Arvest Wealth Management from 2013 to December 2025 at a West Fork, Arkansas office.  He was also previously licensed with several other firms since 1988.

Can Arvest Wealth Management Be Liable for Customer Losses?

FINRA Rule 3110 requires securities brokerage firms like Arvest Wealth Management to adequately supervise the activity of its advisors.  Arvest Wealth Management could be responsible for investor losses if it failed to reasonably supervise him.

Israels & Neuman Helps Investors in Arkansas

We represent investors throughout the United States as well as Arkansas, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  We have represented investors in Arkansas in the past.  If you were a client of James Pelton and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Pelton’s BrokerCheck Report

Contact Us for a Free Case Evaluation

Call Israels & Neuman today at (720) 599-3505 or (206) 795-5798

We are here to help you recover what you deserve.