DID STEPHEN PARKER NITZ CAUSE YOU INVESTMENT LOSSES?
Stephen Nitz Of Steward Partners Investment Solutions, LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Stephen Nitz of Steward Partners Investment Solutions, LLC?
Stephen Nitz (CRD #1298437) is a seasoned financial professional with extensive experience in the securities industry. He is currently registered with Steward Partners Investment Advisory, LLC as an investment advisor and Steward Partners Investment Solutions, LLC as a registered broker since May 6, 2024. Nitz has passed seven industry exams, including two principal/supervisory exams and two multi-state securities law exams. He is licensed in 14 U.S. states and territories, enabling him to serve clients across a broad geographical area. His long-standing career includes previous roles at firms such as Osaic Institutions, Inc., Capital Brokerage Corporation, and others, reflecting his significant experience in the industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Stephen Nitz Customer Complaints and Reviews
Stephen Nitz has two customer disputes disclosed in his BrokerCheck record:
- Customer Dispute (Pending)
- Incident: In May 2024, a customer filed a complaint alleging that their mutual fund account did not perform well and that fees were excessive, with alleged damages amounting to $19,164.54. The dispute is currently pending.
- Customer Dispute (Pending)
- Incident: Another complaint, received in April 2024, involves allegations of poor tax advice regarding a non-spousal inheritance, insufficient calculations of required minimum distributions (RMDs), and an unsuitable investment in a non-traded real estate investment trust (REIT). The alleged damages are $50,000, and the matter remains unresolved.
Allegations Against Stephen Nitz
- Customer Dispute Allegation (May 2024): The client alleges that their mutual fund investments did not perform well, and that fees were excessive, resulting in claimed damages of $19,164.54. The dispute is still under review.
- Customer Dispute Allegation (April 2024): The client claims that Nitz provided poor tax advice on a non-spousal inheritance, miscalculated RMDs, and recommended a non-traded REIT unsuitable for their investment profile. The client asserts damages of $50,000. This dispute is also pending.
Stephen Nitz Red Flags & Your Rights As An Investor
Of course, Stephen Nitz did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Stephen Nitz at Steward Partners Investment Solutions, LLC on alert to review carefully the activity and performance of their accounts and question whether Stephen Nitz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Steward Partners Investment Solutions, LLC also raises questions about the brokerage firms’ 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 Steward Partners Investment Solutions, LLC Due To Stephen Nitz
If you have questions about Steward Partners Investment Solutions, LLC and/or Stephen Nitz 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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