Craig Fernsler: McDermott Advisor Lands $300K DST Complaint

Naples, Florida financial advisor Craig Fernsler (CRD# 5558907) recently received an investor complaint alleging that a Delaware Statutory Trust investment resulted in damages. Financial Industry Regulatory Authority records show that he is registered as a broker with McDermott Investment Services.

Mr. Fernsler’s BrokerCheck report discloses one investor complaint. Filed in March 2026, it alleges due diligence failures, suitability violations, supervisory failures, misrepresentations of material facts, breach of contract, omissions of material facts, and breach of fiduciary duty in connection with a Delaware Statutory Trust purchased as part of a 1031 exchange. The pending complaint alleges damages of $300,000.

In a statement included with the complaint’s disclosure, Mr. Fernsler denies any wrongdoing. “At the time of the investment in question, Claimants were experienced real estate investors seeking a tax-advantaged 1031 exchange of their prior real estate holdings,” he states. “Claimants were actively involved in making their investment decisions and monitoring their investment holdings. Claimants also acknowledged receipt of important disclosures related to their DST investments. Claimants’ allegations are meritless, and Firm and Representative intend to defend themselves vigorously.”

According to the Financial Industry Regulatory Authority, Craig Fernsler holds 12 years of securities industry experience. Based in Naples, Florida, he has been registered as a broker with McDermott Investment Services since 2020. His past registrations include RCX Capital Group in The Woodlands, Texas (2015-2020) and Omni Brokerage in South Jordan, Utah (2008-2010). His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Direct Participation Programs Representative Examination, or Series 22; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 16 state licenses. (Information current as of May 10, 2026.)

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