Silver Stone’s Robert Russamano: Suitability Complaint

Manchester, New Hampshire financial advisor Robert Russamano (CRD# 4094176) recently received an investor complaint alleging he engaged in misconduct. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Wells Fargo Advisors Financial Network, and a representative of Silver Stone Investment Management.

Mr. Russamano’s BrokerCheck report discloses one investor complaint. Filed in August 2022, it alleges that as a Wells Fargo Advisors representative, he did not handle his customer’s account “in her best interest with the frequency of trading puts, calls and derivatives.” The complaint additionally alleges that the investments he made in the account were “not suitable for her lifestyle,” and that he “never discussed the risks of this type of investing.” The pending complaint alleges unspecified damages believed to exceed $5,000.

According to the Financial Industry Regulatory Authority, Robert Russamano holds 22 years of securities industry experience. Based in Manchester, New Hampshire, he has been a broker and an investment advisor with Wells Fargo Advisors Financial Network since June 2022. He is a representative of Silver Stone Investment Management. His past registrations include UBS Financial Services (Manchester, New Hampshire; 2008-2022), Citigroup Global Markets (Manchester, New Hampshire; 2006-2008), Tower Square Securities (El Segundo, California; 2002-2006), and Hill Thompson Magid (Jersey City, New Jersey; 2000-2002). His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Limited Representative-Equity Trader Exam, or Series 55; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He holds 39 state licenses. (Information current as of September 16, 2022.)

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