Sale of unapproved products during Triad registration is alleged.

$125,000.00

misrepresentation of and involvement with products that were not approved by the broker-dealers

$1,000,001.00

Sale of unapproved investments during period of Triad registration is alleged.

$150,000.00

$33,750.00

Claimants allege breach of fiduciary duty, negligence, misrepresentation and unsuitable investments with regard to the sale of alternative investments from 2010 to 2014.

$2,500,000.00

$750,189.93

Selling Away

$1,500,000.00

$793,896.53

Sale of unapproved investment during period of Triad registration is alleged.

$1,000,000.00

$583,035.00

Claimant alleges unsuitable alternative investments.

Ohio Department of Insurance

On May 17, 2016 Miller entered into an Acceptance, Waiver and Consent with FINRA and accepted a bar from association with any FINRA registered entity. Revised Code Section 3905.14(B)(17) provides that the Superintendent may revoke the license of any agent for having any professional license or financial industry regulatory authority registration suspended or revoked or having been barred from from participation in any industry.

Consent

Bar (Permanent)

Ohio Insurance license

3/19/2018

Ohio

Ohio Division of Securities alleged Respondent violated OAC 1301:6-19(A)(19) and was not of "good business repute" as defined in OAC 1301:6-3-19(D).

Order

Revocation

In Final Order 18-018, the Division found that Respondent violated OAC 1301:6-3-19(A)(19) and was not of "good business repute" as defined in OAC 1301:6-3-19(D). The Division ordered revocation of Respondent's Investment Adviser Representative license.

Michigan

The Administrator issued a final order revoking the investment adviser representation registration of Douglas S. Miller under section 412(2) of the Securities Act, MCL 451.2412(2), solely because he is the subject of an order, issued with no finding of intent, by a self-regulatory organization barring him from membership. No civil fine was imposed.

Order

Revocation

FINRA

Without admitting or denying the findings, Miller and another registered representative consented to the sanctions and to the entry of findings that they participated in the sale of investments in limited liability companies (LLCs) to clients of their registered investment adviser firm, who collectively invested approximately $25.5 million in the LLCs, without providing written notice of their participation to their member firm. The findings stated that Miller and the registered representative did not affirmatively provide written notice to the firm that they were participating in the sale of investments in the LLCs or seek the firm's permission to do so. The findings also stated that they failed disclose to their firm that they were compensated by some of the LLC's for their activities and failed to appropriately disclose investments they made personally or on behalf of family members in the LLC's to their firm.

Acceptance, Waiver & Consent(AWC)

Bar (Permanent)

All Capacities

Indefinite

5/17/2016

TRIAD ADVISORS, INC.

Permitted to Resign

PERMITTED TO RESIGN WHILE UNDER INTERNAL REVIEW FOR VIOLATION OF FIRM POLICY WITH RESPECT TO PRIVATE SECURITIES TRANSACTIONS.