Derek Stamos: Somerset Advisor Faces Pending Sanction

Portland, Oregon financial advisor Derek Stamos (CRD# 6667533) has been named in a pending enforcement action by securities regulators in Oregon. Financial Industry Regulatory Authority records show that he is registered as a broker with Somerset Securities.

Mr. Stamos’ BrokerCheck report discloses the pending disciplinary action against him by the Oregon Department of Consumer and Business Services, Division of Financial Regulation, Department of Enforcement. Filed in October 2025, it alleges that he sold investments in “variable annuities and private placements of unregistered securities” without proper licensure between June 2022 and July 2024. The action remains pending, with a comment on the disclosure stating that Somerset Securities “has requested a hearing and discovery with Oregon Division of Consumer Affairs and Business Services without waiving rights to further respond and defend.” The comment adds that the firm “denies liability for unlicensed salespersons activity and negligent supervision.”

A second disclosure on his BrokerCheck report concerns an investor complaint against him. Filed in 2023, it alleged that as a representative of Somerset Securities, he recommended an unsuitable investment in an iCap Equity private placement. In 2024 the complaint reached a settlement of $70,000.

According to the Financial Industry Regulatory Authority, Derek Stamos holds three years of securities industry experience. Based in Portland, Oregon, he has been registered as a broker with Somerset Securities since 2022. His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7TO; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in California, Florida, Oregon and Texas. (Information current as of January 10, 2026.)

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.