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James Montalto is Involved in an Investor Dispute

Feb 16, 2022 Broker Blog

James Montalto (CRD #:1017800), a broker and investment adviser registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated, is involved in an investor dispute according to his BrokerCheck record accessed on February 2, 2022. 

According to the allegations filed on October 14, 2021, James Montalto did not take his investor’s best interests into account when making retirement investment decisions from May 2021 to October 2021. You may be able to recover your investment losses through FINRA arbitration once you have reason to believe your investment portfolio was mishandled.

The firm denied the case, but it is important to note that you can still pursue a FINRA arbitration and recover your losses following a denial.

Background Information

James Montalto has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 8 – General Securities Sales Supervisor Examination (Options Module & General Module)

James Montalto is a registered broker in 29 states. He is also a registered investment advisor in Connecticut and Texas.

Besides Merrill Lynch, Pierce, Fenner & Smith Incorporated, James Montalto has not worked with any other firm.

 Kurta Law Can Help

If you have worked with James Montalto and have concerns about your investments, don’t hesitate to contact us today at 877-600-0098 or for a free consultation.

For nearly 20 years, Kurta Law has advocated for investors 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. Please reach out if you have any questions about what steps to take next to recover your investment losses.