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Investor Alleges Polly Stoecklein Made Unsuitable Investments

Polly Stoecklein (CRD #: 1041896), a broker registered with Vanderbilt Securities, is involved in a pending investor dispute, according to her BrokerCheck record, accessed on July 31, 2022. Investors may have also engaged her services through Stoecklein Financial Services. Read on if you want to know more about her conduct as a broker.

Investor Dispute

On May 31, 2022, an investor alleged that Polly Stoecklein made unsuitable investments in his account between November 2, 2021, and April 14, 2022. The client seeks $80,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations for investors’ financial goals using the information in their profiles. An investor’s profile includes information about their risk tolerance, age, and other investments.

Investors who rely on brokers for investment recommendations can seek out FINRA arbitration and potentially recover their losses.

Background Information

Polly Stoecklein has passed the following exams:

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

Polly Stoecklein is a registered broker in 22 states and a registered investment adviser in Kansas and Texas.

She has also worked for the following firms:

  • LPL Financial (CRD#:6413)
  • Independent Financial Partners (CRD#:125112)
  • New England Securities (CRD#:615)
  • Lincoln Financial Advisors (CRD#:3978)
  • Unum Sales Corporation (CRD#:5406)

Kurta Law Can Help

If you worked with Polly Stoecklein 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 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. 

 

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