Last Updated: September 2025 — Frisco, TX
Here’s what you need to know about Frisco, TX stockbroker Steven J. Vander Velde:
- Name: Steven Joseph Steven J. Vander Velde.
- Alias: Steven Vandervelde
- Current Employer: Private Client Services, LLC — General Securities Representative (registered 04/25/2018); branch location listed as Frisco, TX. Also serves as an Investment Adviser Representative with Prime Capital Investment Advisors, LLC (registered 08/11/2017).
- Prior Firms: Cambridge Investment Research, Inc. (02/2011–04/2018); Lawing Financial Inc. (02/2011–10/2017); AXA Advisors, LLC (08/2008–02/2011).
- Other Business Affiliations: Prime Capital Investment Advisors, LLC (fee-based asset management); Vandervelde Financial, Inc. (President); Insurance Agent with Prevail Innovative Wealth Strategies; PCRM, LLC (fixed insurance through an IMO); CHHSZ Holdings, LLC (member; owner of PCIA); community role as Precinct 1022 Chair (not investment related); Assistant Class Facilitator, First Baptist Church The Colony (not investment related).
- CRD number: 5493806.
- Stockbroker / Financial Advisor: Yes — FINRA General Securities Representative; Investment Adviser Representative.
- Can Broker be Sued in FINRA: Yes
- Highest Award of Settlement: $25,000
If you’ve sustained damages from Mr. Vander Velde, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Steven J. Vander Velde As Your Stockbroker?
A FINRA arbitration was filed in August 2021 (FINRA Case No. 21-02141) alleging that, while at Cambridge Investment Research, Inc., Mr. Vander Velde recommended several high-risk alternative investments that were unsuitable for the client’s objectives and risk tolerance (product type: Real Estate Security). The matter settled for $25,000 on February 3, 2022 .
More on REITs and Other Alternative Investments
Allegations of Broker Misconduct Against Steven J. Vander Velde
- Unsuitability — Recommending high-risk alternatives inconsistent with a customer’s profile may violate FINRA Rule 2111 (Suitability); for retail recommendations after June 30, 2020, advisors must also satisfy SEC Regulation Best Interest (Exchange Act Rule 15l-1).
How We Can Help
If you’ve sustained losses tied to high-risk or unsuitable alternative investments, we can review your statements, new account forms, and communications to assess potential violations of FINRA Rule 2111 and Reg BI, and whether supervision under FINRA Rule 3110 was adequate.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Cambridge Investment Research brokers
If you have suffered investment losses in an account handled by Steven Joseph Vander Velde, 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.