Last Updated: November 2025 — Newton, MA
Here’s what you need to know about Newton, MA stockbroker Stephen J. Hollingsworth:
- Name: Stephen Joseph Hollingsworth
- Alias: Steve Hollingsworth
- Current Employer: Concurrent Investment Advisors, LLC — Investment Adviser Representative (since Feb. 2025; primary firm location listed as Tampa, FL). Not currently registered as a FINRA broker.
- Prior Firms: Raymond James Financial Services, Inc. (2010–2025); Wells Fargo Advisors, LLC (2005–2010); UBS Financial Services Inc. (1994–2005); Smith Barney Shearson Inc. (1988–1994); Merrill Lynch, Pierce, Fenner & Smith Incorporated (1985–1988).
- Other Business Affiliations: Adele Financial Services LLC (insurance agent—group life & disability; investment-related); Wellesley Grid Iron (treasurer; non-investment).
- CRD number: 1328648
- Stockbroker / Financial Advisor: Former FINRA-registered broker; currently active as an investment adviser representative.
- Can Broker be Sued in FINRA: Yes
- Highest Award or Settlement: $415,000
If you’ve sustained damages from Mr. Hollingsworth, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Steve Hollingsworth as Your Stockbroker?
Customer disputes disclosed on Mr. Hollingsworth’s BrokerCheck:
- FINRA Arbitration Award — Case No. 13-02097-Wells Fargo
- Allegations: Churning; over-concentration; unsuitability; violations of the Florida Securities and Investor Protection Act; common-law fraud; breach of fiduciary duty; negligence; negligent misrepresentation; breach of contract (product: unspecified equities).
- Arbitration Award (03/13/2014): $13,750 plus interest to claimant.
- FINRA Arbitration Settlement — Case No. 23-01456 -Raymond James
- Allegations: Unauthorized trading; excessive transactions; unsuitable investments; margin misuse; improper communications via Facebook Messenger; activity dates 11/7/2010–9/2/2021 (products included listed equities, closed-end funds; self-directed fee-based accounts).
- Settled: 07/13/2023 for $415,000
- NASD Arbitration — Case No. 07-01830 -UBS Financial Services
- Allegations: Suitability and breach of fiduciary duty (listed equities).
- Settled: 11/19/2007 for $136,000.
Allegations of Broker Misconduct Against Stephen J. Hollingsworth
- Unsuitability
- Over-Concentration
- Breach of Fiduciary Duty & Negligence
- Fraud / Misrepresentation or Omission of Material Facts
- Unauthorized Trading
- Excessive Trading (Churning)
Other Cases Involving Unauthorized Trading
Investigations involving Over-Concentration
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations of Raymond James Advisors
If you have suffered investment losses in an account handled by Stephen Joseph Hollingsworth, 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.