Adam Chustz: Stifel Advisor Lands $77K Complaint

Paducah, Kentucky financial advisor Adam Chustz (CRD# 4129813) recently received an investor complaint alleging that his advice resulted in damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Stifel Nicolaus & Company.

Mr. Chustz’s BrokerCheck report discloses one investor complaint. Filed in July 2025, it alleges that as a representative of Stifel Nicolaus & Company, he recommended an unsuitable mutual investment. The pending complaint alleges damages of $77,000.

Various securities industry standards protect investors from inappropriately risky investments and strategies. One example is the Financial Industry Regulatory Authority’s suitability standard. As outlined by FINRA Rule 2111, this requires brokers and firms to “have a reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the member or associated person to ascertain the customer’s investment profile.” Brokers who recommend investments and strategies without such a reasonable basis may be found liable for damages.

According to the Financial Industry Regulatory Authority, Adam Chustz holds 25 years of securities industry experience. Based in Paducah, Kentucky, he has been registered as a broker and an investment advisor with Stifel Nicolaus & Company since 2018. He was previously registered with Edward Jones in Paducah, Kentucky from 2000 until 2018. His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Uniform Combined State Law Examination, or Series 66; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 33 state licenses. (Information current as of August 27, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.