Levittown financial advisor Jack Terzi (CRD# 7008502) recently received an investor complaint alleging he engaged in unauthorized trading and other...Read More
Frank Stuart: Oil & Gas Complaint Against Precision Financial Advisor
Frank Stuart (CRD# 4417262), a financial advisor based in Manalapan, New Jersey, has received multiple investor complaints. Financial Industry Regulatory Authority records show that he is a broker with LPL Financial and an investment advisor with Integrated Wealth Concepts, doing business as Precision Financial Services. He was formerly registered with Lincoln Financial Advisors Corporation.
Mr. Stuart’s BrokerCheck report discloses one recent investor complaint. Filed in March 2022, the complaint alleges that as a representative of Lincoln Financial Advisors Corporation, he recommended an unsuitable oil and gas investment. The pending complaint alleges unspecified damages believed to be greater than $5,000.
An earlier investor complaint listed on Mr. Stuart’s BrokerCheck report, filed in 2018, alleged that he “misled” the customers in connection with the sale of non-traded real estate investment trusts (REITs) which the customers allegedly did not know were illiquid. The complaint alleged unspecified damages and was denied by the firm that received it, Lincoln Financial Advisors.
A third investor complaint against Mr. Stuart, filed in 2007, alleged that as a representative of Lincoln Financial Advisors, he misrepresented material facts relating to an REIT investment. The complaint reached a settlement of $50,000.
According to the Financial Industry Regulatory Authority, Frank Stuart holds 21 years of securities industry experience. Based in Manalapan, New Jersey, he has been a broker with LPL Financial and an investment advisor with Integrated Wealth Advisors since 2019, doing business as Precision Financial Services. His past registrations include Lincoln Financial Advisors Corporation (Manalapan, New Jersey; 2003-2019) and Veravest Investments (Worcester, Massachusetts and Piscataway, New Jersey; 2001-2003). His credentials include the passage of three securities industry qualifying examinations: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Arkansas, California, Florida, Indiana, Kansas, Kentucky, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and Washington. (Information current as of July 31, 2022.)
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