Daniel Horowitz Allegedly Recommended Unsuitable Investments
Daniel Horowitz (CRD #: 2681741), a broker registered with Wells Fargo Clearing Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 13, 2023. Keep reading if you have questions.
On September 8, 2023, investors alleged that Daniel Horowitz made unsuitable investment recommendations.
What is an Unsuitable Investment?
FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:
- Risk tolerance
- Time horizon (i.e., how long the investor plans to hold the investment)
- Investing experience
- Tax status
- Financial goals
Daniel Horowitz has passed the following exams:
- Series 66 Uniform Combined State Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 55 Limited Representative-Equity Trader Exam
- Series 7 General Securities Representative Examination
He is a registered broker in 34 states and is a registered investment adviser in Florida, New Jersey, New York, and Texas.
During his 25 years of experience, Daniel Horowitz has registered with eight firms:
- Wells Fargo Clearing Services (CRD #: 19616)
- Credit Suisse Securities (USA) (CRD #: 816)
- Lehman Brothers (CRD #: 7506)
- A.G. Edwards & Sons (CRD #: 4)
- Schonfeld Securities (CRD #: 23304)
- Andover Brokerage (CRD #: 33848)
- Carlin Equities (CRD #: 31295)
- Chatfield Dean & Co. (CRD #: 14714)
Kurta Law Can Help
If you worked with Daniel Horowitz and have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org 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 that 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.