Gripeo Logo Orange and White
  • About
  • Consumers
    • Consumer News
    • Consumer Reviews
    • Red Flags
  • Business
    • Recommended Business
    • Expert Opinions
    • Success Stories
  • Resources
    • Guest Articles
    • Official Updates
    • Press Releases
  • Contact Us
  • Submit a Review
Reading: Corps Capital Advisors Worth How Many Stars Out Of 5?
Share
GripeoGripeo
Font ResizerAa
Search
  • About
  • Consumers
    • Consumer News
    • Consumer Reviews
    • Red Flags
  • Business
    • Recommended Business
    • Expert Opinions
    • Success Stories
  • Resources
    • Guest Articles
    • Official Updates
    • Press Releases
  • Contact Us
  • Submit a Review
Have an existing account? Sign In
Follow US f6scrunchbase
Gripeo > Blog > Consumer Reviews > Corps Capital Advisors Worth How Many Stars Out Of 5?
Consumer Reviews

Corps Capital Advisors Worth How Many Stars Out Of 5?

Last updated: December 21, 2023 7:41 am
GripeO - Web Desk
Published: December 21, 2023
Share
Corps Capital Advisors Review
Corps Capital Advisors Review
SHARE

At Corps Capital Advisors, Constantinos Maniatis serves as a financial advisor. His previous employer was Morgan Stanley. The Financial Industry Regulatory Authority (FINRA) did, however, impose a 30-day penalty on him.

Corps Capital Advisors (corpscapadvisors.com)

The industry watchdog said that from May 2018 to February 2019, Constantinos used discretionary trading in 7 customer accounts without receiving prior written consent.

FINRA also imposed a $5,000 fine on Constantinos Maniatis.
The alleged infractions were committed by Constantinos Maniatis while he was employed with Morgan Stanley in Dallas, Texas.

Constantinos Maniatis is a financial advisor who currently works with Corps Capital Advisors, providing his expertise to clients seeking financial advice. He previously worked at Morgan Stanley, a global financial services firm. However, he faced a 30-day penalty imposed by the Financial Industry Regulatory Authority (FINRA) for using discretionary trading in seven customer accounts between May 2018 and February 2019 without receiving prior written consent. FINRA also fined him $5,000 for this violation. These alleged infractions occurred during his employment with Morgan Stanley in Dallas, Texas. Despite these penalties, Constantinos Maniatis continues to offer his services as a financial advisor to clients.

FINRA Facts

  • FINRA is authorized by the US government to enforce ethical investment practices.
  • FINRA operates the largest securities dispute resolution forum in the US.
  • FINRA is a ‘no cost’ service for taxpayers.

In May 2019, Morgan Stanley fired him for the “alleged” misbehavior including the misappropriation of funds from his “assigned rep code” and a non-discretionary account.

Constantinos Maniatis has been associated with Corps Capital Partners since.

It’s important to note that trustworthy financial counselors are not subject to such accusations, especially from FINRA. Because of this, you should always research an FA’s professional background before cooperating with them on a project.

21/12/2023 Update
As of now, Corps Capital Advisors has not responded, nor has it apologized for its misdeeds. They have ignored our efforts to highlight the problems faced by their victims. Furthermore, they have only focused on propagating their fake PR.

More information about Corps Capital Advisors:

Corps Capital Advisors Review
Corps Capital Advisors Worth How Many Stars Out Of 5? 3


In April 2021, Constantinos Maniatis Maniatis signed a letter of acceptance, waiver, and consent. The number for the letter is 2019062788601. Constantinos Maniatis was accused by FINRA of using his discretion in 7 customer accounts between May 2018 and February 2019 even though his employer, Morgan Stanley, forbade such discretionary trading.

Furthermore, he used municipal securities in a lot of his discretionary purchases.

Further, FINRA said that during that time, Maniatis made decisions in 7 accounts at 105 different times.

Furthermore, municipal securities were used in 13 of those transactions.

Although Morgan Stanley and its clients had previously approved the use of discretion in certain accounts, Morgan Stanley did not allow the same user when Constantinos Maniatis used his discretion.

Additionally, throughout that time, Morgan Stanley did not accept those accounts as discretionary accounts.

As a result, Constantinos Maniatis broke the FINRA Rule 2010 and MSRB Rule G-17 as well as NASD Rule 2510(b).

This was an instance of illegal dealing. It typically happens when a client exercises discretion. Brokers that operate with non-discretionary accounts are obligated to ask their clients for approval before making any trades.

Unauthorized trade is also wrong and prohibited. The clients suffer severe losses as a result of it breaking securities laws and regulations.

FINRA Disclosures Against Corps Capital Advisors Executives:

Corps-Capital-Advisors-ReviewDownload


For almost 20 years, Constantinos Maniatis has worked in the finance sector. He has worked at Merrill Lynch and Citigroup Global Markets in addition to Corps Capital Partners and Morgan Stanley.

Furthermore, Maniatis wasn’t only involved in a conflict during the suspension we mentioned above.

Customer Dispute Corps-Capital-Advisors-ReviewDownload (2014)
A client of Constantinos Maniatis sent Morgan Stanely a letter of complaint in 2014. The customer claimed in their lawsuit that Maniatis misrepresented an investing plan involving energy stocks.

The client chose to complain to the brokerage firm instead of filing a securities arbitration complaint.

As a result, the brokerage company rejected the customer’s complaint and made no apology.

Notably, Maniatis is not the only FA to have experienced such conflicts. Another financial advisor who has been involved in conflicts resulting in damages of over $500,000 is Greg Baker Merrill Lynch. Always be on the lookout for such advisors.

Corps Capital Advisors Verdict: Not Recommended

Share This Article
Facebook Email Print
29 Comments
  • Avatar of Samuel Samuel says:
    February 14, 2023 at 7:59 am

    Cant rely on such frauds…FINRA can be a saviour if it increases its sample space

    Reply
  • Avatar of VENDETTA VENDETTA says:
    February 14, 2023 at 7:58 am

    Why do the big companies dont pay proper head to these scams…i really feel companies are fully involved in it and they assist these frauds!

    Reply
  • Avatar of JAMES JAMES says:
    February 14, 2023 at 7:57 am

    I invested around the start of 2019 in Morgan Stanely and this guy was recruited as my FA and though i wasnt scammed by him but i could had been his victim

    Reply
  • Avatar of TOBY TOBY says:
    February 14, 2023 at 7:57 am

    IMO there licenses should be banned totally or atleast for an year or so…what is this 30 day-ed rule??

    Reply
  • Avatar of phoebie phoebie says:
    February 14, 2023 at 7:57 am

    Frauds like him keep on doing their foul work under the nose of company…and even after getting caught, they are released with bare minimum penalty and again they are ready to scam others

    Reply
  • Avatar of MARIE CHASE MARIE CHASE says:
    February 14, 2023 at 7:56 am

    n almost every country these kinds of cases are prevalent and no one does anything about it… at least people need to be aware of frauds like him…good job!

    Reply
  • Avatar of MATT BURG MATT BURG says:
    February 14, 2023 at 7:56 am

    I’m a finance savvy and all the tips mentioned here are my go tos…it is indeed hard to be away from being scammed but proper knowledge and experience can surely take you to heights…

    Reply
  • Avatar of OPERA OPERA says:
    February 14, 2023 at 7:29 am

    Its tough to trust such companies when cases like these come up…firm laws are required to make the finance sector a safe place

    Reply
  • Avatar of TINA TINA says:
    February 14, 2023 at 7:29 am

    On almost every step, theres a chance of you to lose ur money to scammers…being aware in todays world is a must

    Reply
  • Avatar of NADEEMA NADEEMA says:
    February 14, 2023 at 7:28 am

    There are so many scams going on every where in the finance field…i always look up in FINRA for the credentials of the FA and advice it to all

    Reply
  • Avatar of JACOB JACOB says:
    February 14, 2023 at 7:28 am

    A real need for companies is to first keep a check on their employees!

    Reply
  • Avatar of maddison maddison says:
    February 14, 2023 at 7:27 am

    As it is addressed in the article too, filing a securities arbitration complaint should be the first thing…else te company too dodges the complaints of the customers

    Reply
  • Avatar of CALEY CALEY says:
    February 14, 2023 at 7:27 am

    Whom to trust when broker himself is full of greed and a conn

    Reply
  • Avatar of BERNARD BERNARD says:
    February 14, 2023 at 7:26 am

    Amazed to see, why a company like Morgan Stanley did not take quick and firm actions against him

    Reply
  • Avatar of MICHAEL MICHAEL says:
    February 14, 2023 at 7:26 am

    FINRA is a really good place to verify and stay away from such frauds

    Reply
  • Avatar of Ashton Ashton says:
    February 14, 2023 at 7:25 am

    Going through a FA’s background would surely help in stopping such scams

    Reply
  • Avatar of EMANUEL EMANUEL says:
    February 6, 2023 at 6:05 pm

    I feel more firm actions should be taken against such fraudsters…if not then theyll come back and scam more n more people to fulfill their unending greed

    Reply
  • Avatar of BRANDON BRANDON says:
    February 6, 2023 at 2:26 pm

    …would be much more easier if all these investment banking firms will be totally transparent and honest with their customers

    Reply
  • Avatar of PETERPAN PETERPAN says:
    February 4, 2023 at 10:58 pm

    In case of any field, be it finance or crypto investment…always go through the history and professional background of advisors and company heads

    Reply
  • Avatar of Mel Mel says:
    February 1, 2023 at 9:12 am

    Don’t trust financial brokers blindly. They are only useful to a certain extent. I have read about so many fraudulent financial advisors here that I don’t think I would be able to trust any one of them easily.

    Reply
  • Avatar of larry larry says:
    February 1, 2023 at 5:28 am

    I’ve met this Greg Baker guy…he’s so polite by nature and look you can never know what people actually do

    Reply
  • Avatar of Client Client says:
    January 26, 2023 at 4:53 pm

    Their staff is extremely disrespectful. I have dealt with Corps Capital Advisors in the past and it was a horrendous experience to say the least.

    It was a huge waste of time to go there.

    Reply
    • Avatar of Andrew Andrew says:
      February 1, 2023 at 9:10 am

      I had a little idea of their service but didn’t expect them to be this disappointing. Honestly, it’s quite alarming.

      Reply
  • Avatar of Kay Kay says:
    January 24, 2023 at 4:27 pm

    FINRA should not let criminals like Maniatis operate in the industry like this.

    The fact that they only fined him 5000 USD shows they are not very serious about theft and fraud.

    You expect a regulatory body like FINRA to do some actual damage. 5k is too small a fine for rich advisors like him.

    Reply
  • Avatar of Mitt Mitt says:
    January 16, 2023 at 5:02 am

    This is why it’s vital to do background checks on your FAs. Don’t trust any random joe with your money. Always know who you are dealing with.

    Reply
  • Avatar of Ian Ian says:
    January 14, 2023 at 8:26 am

    It’s laughable how the article tries to justify his actions by saying he ‘exercised his discretion’ with 7 customer accounts when in reality, he was simply stealing from his clients. ‘Exercising discretion’ is such a whitewashing term to confuse consumers.

    Reply
  • Avatar of Adin Adin says:
    January 12, 2023 at 11:42 pm

    Trusting financial advisors is becoming increasingly difficult these days because of the way they conduct business. Very few honest men are left in that industry. At least Morgan Stanley had the decency to fire this man.

    Reply
  • Avatar of Gabriel Gabriel says:
    January 9, 2023 at 11:30 am

    Financial advisory firms need to be extremely careful when choosing their representative. I think the people at Corps Capital Advisors should do away with Constantinos Maniatis seeing his crooked past and everything.

    Reply
    • Avatar of Anderson Anderson says:
      January 20, 2023 at 4:49 pm

      It is of no use. Sometimes it is better to let things be. You cannot expect crooks to fix their ways just like you can’t expect a thief to stop stealing. The only remedy for this solution is stricter punishment and more awareness on the subject. Those who do business with this financial advisory firm need to be made aware of his past. That is the only way to have some actual impact on the situation.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
XFollow
InstagramFollow
CrunchbaseFollow

LATEST NEWS

banner banner
SUBMIT REPORT
Share your thoughts and insights with a vast community of consumers.
Report Now →
Relief India Trust

Relief India Trust: Is It an Illegal NGO?

GripeO
September 27, 2023
Avoid James P Marten Merrill Lynch Wealth Management Advisor –
PitchForex
Hudock Capital Group
Infinity Downline
Gripeo Logo Orange and White Gripeo Logo Orange and White
  • News
  • Reviews
  • Red Flags
  • Expert Opinions
  • Success Stories

Gripeo is the leading social platform for consumers to share their experiences with businesses and others. We thrive on helping the marketplace become less ambiguous and more transparent.

Information

  • Home
  • About
  • Official Blog
  • Our Services

Our Policies

  • Terms of Services
  • Privacy Policy
  • User Guidelines
  • Sitemap

© Gripeo. All Rights Reserved.

Follow US on Socials

f6scrunchbase
Gripeo Logo Orange and White
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up