Multiple investor complaints against Capital Investment Group’s Larry Stringer (CRD# 1996822) allege misconduct relating to real estate investments. Records provided...Read More
Newport Wealth Advisor Surya Metzler Denies Investor Complaint
Newport Beach, California financial advisor Surya Metzler (CRD# 4558292) allegedly recommended an unsuitably risky investment, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker with Centaurus Financial and an investment advisor with Newport Wealth Advisors.
Mr. Metzler’s BrokerCheck report discloses several investor complaints. The most recent, filed in July 2022, alleges that as a representative of Centaurus Financial, he recommended an “unsuitable, high-risk and illiquid investment” in a corporate bond product. The pending complaint alleges damages of $145,000. In a statement on the disclosure, Mr. Metzler wrote that he “vehemently” denies any wrongdoing, describing the allegations as “completely without merit.”
An earlier investor complaint, filed in 2015, alleged that he recommended unsuitable investments while at Capital Growth Resources. The complaint reached a settlement of $10,000.
A third investor complaint, filed in 2005, alleged that as “the signatures on two account documents” were not the customers’. The complaint reached a settlement of $4,689.97.
According to the Financial Industry Regulatory Authority, Surya Metzler holds 20 years of securities industry experience. Based in Newport Beach, California, he has been a broker with Centaurus Financial since 2011 and an investment advisor with Newport Wealth Advisors since 2018. His past registrations include Capital Growth Resources, Olmsted Advisors, Crowell Weedon & Company, the Seidler Companies, Seidler Investment Advisors, Ameriprise Financial Services, and IDS Life Insurance Company. His credentials include the passage of three securities industry qualifying exams: 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 Arizona, California, Florida, Nevada, New York, Texas, and Washington. (Information current as of October 28, 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.