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Andrea Steiner Embroiled in Dispute Alleging Unsuitable Investments

Andrea Steiner (CRD #: 5620516), a broker registered with Vanderbilt Securities, is involved in a pending dispute, according to her BrokerCheck record, accessed on March 1, 2023. Investors may have also worked with her through Consolidated Portfolio Review Corporation. Read on to learn more about her alleged conduct as a broker.

Investor Dispute

On December 20, 2022, an investor filed a dispute alleging Andrea Steiner facilitated unsuitable investments. The client seeks $50,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must consult the investor’s profile, which describes their tax status, age, risk tolerance, and other characteristics.

Investors who rely on brokers for investment recommendations can seek out FINRA arbitration and potentially recover their losses.

Background Information

Andrea Steiner has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Andrea Steiner is a registered broker in Arizona, California, Florida, and Nevada. She is also a registered investment adviser in California, Nevada, and New York.

She has also worked for the following firms:

  • Western International Securities (CRD#:39262)
  • Financial West Group (CRD#:16668)
  • AXA Advisors (CRD#:6627)

Kurta Law Can Help

If you worked with Andrea Steiner and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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