Stephen Bransburg Jr. Formerly With Allstate Financial Services, LLC FIRED
Stephen Bransburg Jr. was fired from Allstate Financial Services, LLC in November 2024 due to allegations of submitting annuity transactions directly to insurance companies after the firm rejected them during the suitability review process.
Who is Stephen Bransburg Jr. formerly with Allstate Financial Services, LLC?
Stephen Bransburg Jr. (CRD #1003470) ), who was formerly registered as a broker with Allstate Financial Services, LLC and located in Conroe, Texas, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Stephen Bransburg Jr. Employment History and Termination
Stephen Carl Bransburg Jr. has a long career in the financial services industry, spanning over 40 years. He worked with six different firms during his tenure, most recently with Allstate Financial Services, LLC from January 2010 to November 2024. He was previously registered with firms such as MetLife Securities Inc. and Pruco Securities Corporation, his longest tenure lasting from 1982-2002.
Mr. Bransburg passed three industry exams, including the Securities Industry Essentials (SIE), the Investment Company Products/Variable Contracts Representative Examination (Series 6), and the Uniform Securities Agent Multi-State Law Examination (Series 63). He does not currently hold any active registrations.
On November 26, 2024, he was terminated from Allstate Financial Services, LLC following allegations of bypassing the firm’s suitability review process to submit annuity transactions directly to insurance companies.
Negative Disclosures Summary
Stephen Bransburg Jr. has one termination disclosure as follows:
- Date of Termination: November 26, 2024
- Details: Terminated from Allstate Financial Services, LLC after being accused of submitting annuity transactions directly to insurance companies following the firm’s rejection of the recommendations during the suitability and best interest review process.
Stephen Bransburg Jr. Red Flags & Your Rights As An Investor
Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Stephen Bransburg Jr. is a red flag which should put all current and former customers of Stephen Bransburg Jr. at Allstate Financial Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Stephen Bransburg Jr. engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Allstate Financial Services, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Allstate Financial Services, LLC Due To Stephen Bransburg Jr.
If you have questions about Allstate Financial Services, LLCand/or Stephen Bransburg Jr. and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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