Investor Alleges Curtis Krietzberg Purchased Unsuitable Investments
Curtis Krietzberg (CRD #: 2772736), a broker registered with Lincoln Financial Advisors, allegedly purchased unsuitable investments for a client, according to his BrokerCheck record, accessed on September 2, 2022. Read on to learn more about his conduct as a broker.
Investor Dispute
On June 23, 2022, an investor alleged that Curtis Krietzberg purchased unsuitable investments in his account in 2022, which did not suit his investment objective, risk tolerance, or time horizon. This dispute was denied by the firm.
However, investors should be aware that firms don’t need to allow an external review before denying a dispute. Investors can still seek out FINRA arbitration and potentially recover their losses following a denial.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must take into account a client’s age, tax status, and other information described in the investor’s profile.
Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their money through FINRA arbitration.
Background Information
Curtis Krietzberg has passed the following exams:
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
- Series 4 – Registered Options Principal Examination
He is a registered broker in 25 states and a registered investment adviser in New Jersey and Texas.
He has also worked for The Lincoln National Life Insurance Company (CRD#:2580) and Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691).
Kurta Law Can Help
If you worked with Curtis Krietzberg 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.