Last Updated: September 2025 — St. Louis, MO
Here’s what you need to know about St. Louis, MO, stockbroker Adam Michael Chustz:
- Name: Adam Michael Chustz
- Current Employer: Stifel, Nicolaus & Company, Incorporated (registered since 02/13/2018) — Main office: 501 N. Broadway, St. Louis, MO 63102; Branch: 2190 New Holt Rd., Paducah, KY 42001.
- Prior Firms: Edward Jones (03/2000–02/2018).
- Other Business Affiliations:
- Clay Pit LLC (Arlington, KY).
- DEA Properties LLC (Paducah, KY)
- Family Service Society (Paducah, KY) — board member.
- CRD number: 4129813.
- Stockbroker / Financial Advisor: Yes — General Securities Representative & Principal; passed Series 7, 24, SIE, 63, 66; registered with 6 SROs and licensed in 31 U.S. states/territories.
- Can Broker be Sued in FINRA: Yes
- Current Customer Disputes Seek Total Damages of: $277,000
If you’ve sustained damages from Mr. Chustz, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Adam Chustz As Your Stockbroker?
A former customer of Stifel Nicolaus & Co. filed a FINRA arbitration in July 2025 (Case No. 25-01573) alleging, among other things, breach of contract and warranties, promissory estoppel, violations of state securities statutes and consumer protection law, common-law fraud, breach of fiduciary duty, negligence/gross negligence, and misrepresentations/omissions relating to mutual fund investments. The claim seeks $200,000 in damages and is currently pending.
In July 2025, another customer of Stifel Nicolaus submitted a written complaint alleging that Mr. Chustz made an unsuitable recommendation in mutual funds and is seeking $77,000 in damages. That matter is also pending.
Allegations of Broker Misconduct Against Adam Michael Chustz
- Unsuitability. Customers allege recommendations inconsistent with their objectives and risk tolerance. (Relevant authority: FINRA Rule 2111 (Suitability) and SEC Regulation Best Interest (Reg BI, Rule 15l-1) require that recommendations be in the retail customer’s best interest.)
- Breach of Fiduciary Duty. Allegations that the broker failed to act with due care and loyalty to the customer’s interests.
- Fraud / Misrepresentation or Omission of Material Facts. Alleged false statements or omissions about investment risks or features. (Relevant authority: FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices) and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).)
- Negligence / Gross Negligence. Alleged failure to use reasonable care in providing recommendations and information.
- Breach of Contract / Promissory Estoppel. Alleged violation of contractual duties and promises tied to the account relationship.
- State Consumer Protection & Securities Statute Violations
- Unjust Enrichment.
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other Stifel Nicolaus brokers
If you have suffered investment losses in an account handled by Adam Michael Chustz, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.