Last Updated: January 2026 — Scottsdale, AZ
Here’s what you need to know about Scottsdale, AZ stockbroker Thomas Shultz:
- Name: Thomas Caine Shultz
- Current Employer:
- Realta Equities, Inc. (formerly Coastal Equities)
- Realta Investment Advisors, Inc. (investment adviser)
- Prior Firms:
- Titan Securities (Scottsdale, AZ / Plano, TX) — 02/2021 to 06/2023
- Coastal Equities, Inc. / Coastal Investment Advisors, Inc. (Scottsdale, AZ / Wilmington, DE) — 06/2018 to 01/2021
- ProEquities, Inc. (Scottsdale, AZ) — 06/2014 to 06/2017
- MML Investors Services, LLC (Scottsdale, AZ) — 01/2011 to 06/2011
- UVEST Financial Services Group, Inc. (Phoenix, AZ) — 08/2009 to 05/2010
- Other Business Affiliations:
- LyfeBeast, LLC / LyfeAdvisors
- SRO, LLC (insurance marketing organization)
- HomeSmart (real estate broker)
- Gordon Marketing (insurance sales)
- AZMedicare / TNMedicare101
- CRD Number:5614228
- Stockbroker / Financial Advisor:Yes
- Can Broker be Sued in FINRA:Yes
- Highest Award or Settlement:$42,000
- Two Current Customer Disputes Seek Total Damages of: $348,000
If you’ve sustained damages from Mr. Shultz, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Thomas C. Shultz As Your Stockbroker?
Thomas C. Shultz has been named in multiple customer disputes, including two pending FINRA arbitrations, involving allegations of unsuitable recommendations, unauthorized trading, and failure to conduct adequate due diligence—particularly in alternative investments.
Prior Settled Matters
- Coastal Equities, Inc. – Debt / Asset-Backed Investment
- Settled May 25, 2023, for $36,000
- GWG-Related FINRA Arbitration (Coastal Equities, Inc.)
- FINRA Case No.:22-01116
- Allegations:Unsuitable recommendations and failure to perform adequate due diligence related to GWG alternative investments
- Settled September 13, 2023, for$42,000
- Unauthorized Trading Allegation (MML Investors Services, LLC)
- FINRA Case No.:12-02400
- Allegations:Securities purchased without customer authorization in 2011
- Settled July 23, 2013, for$5,000 Pending FINRA Arbitrations
- Pending FINRA Case No.: 25-02844
- Filed:December 2025
- Firm:Realta Equities, Inc.
- Allegations:Ignoring explicit customer instructions and recommending speculative alternative investments
- Damages Sought:$103,000
- Pending FINRA Case No.: 25-02664
- Filed:December 2025
- Firm:Realta Equities, Inc.
- Allegations:Unsuitable alternative investment recommendations
- Damages Sought:$245,000
Allegations of Broker Misconduct Against Thomas Caine Shultz
- Unsuitable Recommendations— recommending investments inconsistent with a client’s risk tolerance or objectives, implicating FINRA Rule 2111 (Suitability).
- Failure to Conduct Adequate Due Diligence
- Unauthorized Trading— executing trades without client authorization, potentially violating FINRA Rule 3260 (Discretionary Accounts) and FINRA Rule 2010.
- Failure to Follow Client Instructions
- Speculative and High-Risk Investment Recommendations
More on REITs and Other Alternative Investments
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Thomas Shultz, 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.