Skip to main content

Exit WCAG Theme

Switch to Non-ADA Website

Accessibility Options

Select Text Sizes

Select Text Color

Website Accessibility Information Close Options
Close Menu
Carlson Law, P.A. Motto
  • Free Consultation
  • ~

Paul Kim: $1.7 Million Investor Complaint Denied by Stifel Nicolaus

San Jose broker and investment advisor Paul Kim (CRD# 4219593) recently received an investor complaint alleging nearly $2 million in damages. Financial Industry Regulatory Authority records show that he is a representative of Stifel Nicolaus & Company and was fired from his previous position at Morgan Stanley. 

Mr. Kim’s BrokerCheck report discloses one recent investor complaint against him. Filed in May 2022, it alleged that as as a representative of Stifel Nicolaus & Company, he failed to follow instructions between January 2022 and the present, resulting in losses. The complaint alleged damages of $1.7 million and was denied by the firm.

Mr. Kim’s BrokerCheck report additionally discloses his 2018 firing from Morgan Stanley. According to the disclosure, he was fired in relation to allegations concerning his “role in processing third-party wire transfer requests in ways inconsistent with Firm procedures.” The citation states further that he allegedly gave inaccurate information regarding verbal confirmations of wire transfer requests received by email, directed a firm employee “to process wires in ways inconsistent with Firm procedures,” and communicated “with an unauthorized party by email.” The disclosure concludes by noting he told the firm “the email requests were sent by an impostor.” 

According to the Financial Industry Regulatory Authority, Paul Kim holds 21 years of securities industry experience. Based in San Jose, California, he has been a broker and investment advisor with Stifel Nicolaus & Company since 2018. His past registrations include Morgan Stanley (Cupertino, California; 2009-2018), Morgan Stanley & Co. (Cupertino, California; 2008-2009), Wells Fargo Investments (Half Moon Bay, California; 2003-2008), UBS Financial Services, Salomon Smith Barney, and Merrill Lynch. His credentials include the passage of six securities industry qualifying examinations: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Arizona, California, Florida, Indiana, Missouri, Nevada, Oregon, Texas, and Washington. (Information current as of June 13, 2022.)

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.

Facebook Twitter LinkedIn

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Latest Blog Posts

John Starke: $320K Complaint Against Centaurus Advisor

Mechanicsville, Virginia financial advisor John Starke (CRD# 3154774) recently received an investor complaint alleging his investment advice resulted in losses of more than $300,000. Financial Industry Regulatory Authority records show...

Read More

Hillard Rest: $290K GWG L Bond Complaint Against Newport Beach Advisor

Newport Beach financial advisor Hillard Rest (CRD# 858840) has received several investor complaints alleging negligence, fraud, and other forms of misconduct related to GWG L bond investments. Financial Industry Regulatory...

Read More

Chris Keelin: $250K Complaint Against Money Concepts Advisor

Alabaster, Alabama financial advisor Chris Keelin (CRD# 1455741) has received an investor complaint alleging he made misrepresentations that resulted in six-figure damages. Financial Industry Regulatory Authority records show that he...

Read More

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Skip footer and go back to main navigation