James Studinger Allegedly Recommended Unsuitable Investments

James Studinger (CRD #: 2725496), a broker registered with Kestra Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on May 1, 2024. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations 

On February 20, 2024, investors alleged that James Studinger recommended the sale of unsuitable investments. 

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:

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

James Studinger has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination on  
• Series 24 General Securities Representative Examination  

He is a registered broker in 16 states and is a registered investment adviser in Michigan and Texas. 

During his 27 years of experience, James Studinger has registered with eight firms. These are the four most recent:

• Kestra Investment Services (CRD #: 42046) 
• Kestra Advisory Services (CRD #: 283330) 
• NFP Advisor Services (CRD #: 42046) 
• Linsco/Private Ledger Corp. (CRD #: 6413) 

Kurta Law Can Help 

If you have worked with James Studinger and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com 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 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. Do not let securities fraud go unchecked. Start your recovery process today.