Harry Warnick, Former Spartan Capital Securities Investment Advisor, Barred by FINRA

The Financial Industry Regulatory Authority (FINRA) has permanently barred Harry Harper Warnick (CRD# 6916323) from associating with any FINRA member firm in any capacity. The action follows allegations that Warnick failed to cooperate with a FINRA investigation into possible undisclosed business and securities activities while registered with Spartan Capital Securities, LLC in New York, NY.

FINRA’s Findings

According to the FINRA BrokerCheck report, Warnick consented to a sanction through an Acceptance, Waiver, and Consent (AWC) agreement dated September 15, 2025. Without admitting or denying FINRA’s findings, Warnick agreed to the entry of findings that he failed to provide requested information and documents during an investigation into whether he:

• Participated in an undisclosed private securities transaction;
• Engaged in an undisclosed outside business activity (OBA); and
• Maintained an undisclosed securities account

As a result, FINRA imposed a permanent bar, effective September 15, 2025, prohibiting Warnick from acting in any capacity with a FINRA member firm. The order permanently ends Warnick’s ability to operate as an investment advisor within the securities industry

Harry Warnick’s Termination from Spartan Capital Securities

Prior to FINRA’s action, Warnick was discharged by Spartan Capital Securities on September 12, 2024. According to the firm’s report to FINRA, his termination followed an internal investigation into an alleged outside business activity with a firm customer, participation in a private securities transaction, and use of a personal email address to conceal the transaction from the firm. Spartan Capital also reported that Warnick failed to cooperate with its internal review

The product involved in the investigation was listed as Equity–OTC (over-the-counter) securities, which are often associated with higher risk and less regulatory oversight than exchange-traded investments.

Employment and Licensing Background

Warnick entered the securities industry in 2018 and was registered with several firms, including:

• Spartan Capital Securities, LLC (12/2022 – 09/2024)
• Benchmark Investments, LLC (09/2022 – 11/2022)
• Houlihan Lokey Capital, Inc. (06/2021 – 10/2022)
• Benchmark Investments, Inc. (06/2020 – 05/2021)
• B. Riley FBR, Inc. (06/2018 – 03/2020)

He has no prior customer dispute disclosures listed.

What Harry Warnick Clients Should Know

FINRA bars are among the most serious disciplinary measures available to regulators and are typically imposed when a broker fails to cooperate with an investigation or when serious misconduct is suspected. In this case, FINRA’s action prevents Warnick from returning to the securities industry in any capacity.

Investors who worked with Harry Warnick, particularly during his tenure with Spartan Capital Securities, would be wise to review their accounts for any unauthorized transactions, private investments, or unusual activity conducted outside of firm channels.

Transactions that occur outside a broker’s firm supervision can expose investors to unregistered or fraudulent securities offerings, resulting in significant financial losses.

Next Steps for Affected Investors Who Worked With Harry Warnick

If you invested through Harry Warnick or Spartan Capital Securities and believe you suffered losses, you may have the right to pursue a FINRA arbitration claim to recover damages. Claims against brokerage firms can arise when a firm fails to supervise its representatives or allows unauthorized private securities sales.

The securities attorneys at Levin Papantonio have extensive experience representing investors nationwide in claims involving broker misconduct, outside business activities, and private placements.

SOURCES:

Harry Harper Warnick – BrokerCheck