Daniel Zlotnick (CRD #1177472) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Daniel Zlotnick (CRD #1177472) is a formerly registered broker with a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on May 11, 2026. It reflects one customer dispute. If you invested with Daniel Zlotnick and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Daniel Zlotnick’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On March 16, 2026, claimants alleged Daniel Zlotnick recommended unsuitable alternative investments. Daniel Zlotnick’s FINRA BrokerCheck Report lists the product as Direct Investment-DPP & LP Interests. The claimants sought at least $5,000 in damages. The firm reported that it made a good faith determination that damages would be greater than $5,000. The matter is pending in FINRA arbitration under docket 26-00557. Daniel Zlotnick’s FINRA BrokerCheck Report identifies Kestra Investment Services, LLC as the employing firm when the activity occurred.

Rule Summary #1: FINRA Rule 2310 (Direct Participation Programs)

FINRA Rule 2310 covers sales practices for direct participation programs. It addresses suitability, disclosure, liquidity, marketability, and offering expenses.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for a recommendation. A broker must consider the customer’s investment profile before recommending a security or strategy.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on his FINRA BrokerCheck report, Daniel Zlotnick:

Is not currently registered as a broker.

Has passed the Securities Industry Essentials (SIE) exam. Daniel Zlotnick has passed Series 7, Series 6, Series 2, and Series 22. He has also passed Series 65 and Series 63.

Was previously registered with firms that include Osaic Wealth, Inc., Triad Advisors LLC, and LPL Financial LLC.

Kurta Law Can Help

If you have worked with Daniel Zlotnick and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can assess potential causes of action. Counsel can also review whether losses may be recoverable through FINRA arbitration or other avenues. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | Unsuitable Investments

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.