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Investor Alleges Robert Edelman Provided Poor Advice

Robert Edelman (CRD #: 5652556), a broker registered with J.P. Morgan Securities, is involved in an investor dispute, according to his BrokerCheck record, accessed on January 5, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Dispute

On December 17, 2024, an investor filed a dispute alleging that Robert Edelman provided poor investment advice on September 26 and 27, 2024. The client seeks $50,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that are suitable for investors profiles. An investor’s profile contains the following characteristics:

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

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

Background Information

Robert Edelman has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66
  • Uniform Securities Agent State Law Examination – Series 63

Robert Edelman is a registered broker in 17 states and a registered investment adviser in New Jersey, New York, and Texas.

He has also worked for Woodstock Financial Group (CRD#:38095).

Kurta Law Can Help

If you worked with Robert Edelman 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. 

 

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