Matt Gehring Allegedly Failed to Advise Client on Overconcentrated Position

Matt Gehring (CRD #: 4814336), a broker registered with Charles Schwab & Company, has been the subject of an investor dispute, according to his BrokerCheck record, accessed on February 28, 2025. Investors may have also engaged his services through Schwab Wealth Advisory. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Dispute

On January 13, 2025, an investor filed a dispute alleging that Matt Gehring failed to give advice or make recommendations as to an overconcentrated position, resulting in losses. The client sought $424,000 in damages, but the dispute was denied by the firm.

However, investors should know that firms can deny disputes without an outside review. Investors can still seek out FINRA arbitration and potentially recover their losses following a dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles, which describe their tax status, risk tolerance, investing experience, and other characteristics.

• High-risk and illiquid investments are often unsuitable due to their risk and difficulty to sell in the near future, respectively.
• Trading activity in an investor’s account can be quantitatively unsuitable, meaning that the broker executed an excessive number of trades, cutting down on their client’s returns by generating trading fees and commissions.
• Investment strategies can also be unsuitable. For example, overconcentration in a single sector or stock can be an unsuitably high-risk investment strategy.

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

Background Information

Matt Gehring has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

Matt Gehring is a registered broker in 34 states and a registered investment adviser in Colorado.

He has also worked for the following firms:

• Ameriprise Financial Services (CRD#:6363)
• Janus Distributors (CRD#:28832)
• Chase Investment Services (CRD#:25574)
• Banc One Securities (CRD#:16999)

Kurta Law Can Help

If you worked with Matt Gehring 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 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.