Investor Alert: Multi-Million-Dollar Claims Filed Against United Planners Advisor Aaron P. Sevigny

Sonn Law Group is monitoring new investor complaints filed in January 2026 against Aaron P. Sevigny (CRD# 4314368), a long-time registered representative with United Planners Financial Services of America. Within weeks, two customer complaints were filed seeking over $3 million in damages. These claims allege systemic misconduct involving complex investment products, extending beyond routine suitability disputes.

Allegations Raised in the 2026 Complaints

According to publicly available disclosures and filings, investors allege:

• Violations of Section 10(b) of the Securities Exchange Act and Rule 10b-5
• Civil RICO violations and conspiracy
• Common-law fraud
• Breach of fiduciary duty
• Negligence
• Misrepresentation and omission of material facts
• Unjust enrichment

These are serious allegations of intentional or reckless conduct related to the sale of high-risk investments.

Focus on Private Placements and Alternative Investments

The complaints focus on recommendations of illiquid private placements and alternative investments, including products linked to GPB Capital Holdings.

GPB Capital was subject to enforcement action by the U.S. Securities and Exchange Commission for a $1.8 billion Ponzi-like scheme, raising concerns about valuation practices, disclosures, and investor transparency.

Investors now allege that these types of products were:

• Unsuitable for retirees and conservative investors
• Concentrated in client portfolios beyond reasonable risk tolerance
• Sold without full disclosure of liquidity constraints and underlying risks

Federal Lawsuit Adds Another Layer

In addition to FINRA claims, a federal lawsuit filed in January 2026 in the U.S. District Court for the District of New Jersey names:

• Aaron P. Sevigny
• Acadia Wealth Management
• United Planners Financial Services of America
• Additional associated parties

(See coverage: ThinkAdvisor article on the lawsuit)

The complaint alleges that investors, as clients in a fiduciary relationship, ultimately experienced:

• Significant principal losses
• High commissions and embedded fees
• Adverse tax consequences
• Lost opportunity costs from illiquid capital

Supervision Failures Under Scrutiny

The claims also question firm-level supervision, particularly under FINRA Rule 3110, which requires brokerage firms to maintain and enforce effective supervisory systems.

Public reports indicate that concerns about GPB Capital, such as missed audited financial statements in 2018 and 2019, were known in the industry. The complaints allege that sales continued despite these red flags.

This may create a significant legal pathway:
Liability could extend beyond the individual advisor to the supervising brokerage firm.

Broker Background and Prior Disclosures

According to FINRA BrokerCheck, Mr. Sevigny:

• Has more than 22 years in the securities industry
• Has been registered with United Planners since 2006
• Holds registrations across 30+ states, including Florida
• Has multiple prior customer complaints, including disclosures from 2021

(Full BrokerCheck profile: FINRA BrokerCheck profile)
(Full disclosure report PDF: BrokerCheck report PDF)

What This Means for Investors

This situation reflects a broader pattern observed in recent years:
high-commission alternative investments sold to income-focused or risk-averse investors without adequate disclosure or supervision.

When these investments fail, the legal focus often shifts to:

• Suitability of recommendations
• Disclosure of risks and liquidity constraints
• Concentration levels in client accounts
• Supervisory oversight by the brokerage firm

Sonn Law Group Is Investigating

Sonn Law Group represents investors nationwide in FINRA arbitration and complex securities litigation, particularly in cases involving:

• Private placements and alternative investments
• GPB Capital-related losses
• Broker misconduct and supervision failures

If you or someone you know invested with Aaron Sevigny, Acadia Wealth Management, or United Planners and experienced losses, we encourage you to contact us.

Consultations are free, confidential, and carry no obligation. Protecting investor rights is not only our practice; it is our mandate.