Last Updated: May 2026 — Southlake, TX
Here’s what you need to know about Southlake, TX stockbroker Andrew Martz:
- Name: Andrew Martz
- Current Employer: LPL Financial LLC
- Prior Firms:
- Western International Securities, Inc. (2017–2025)
- J.P. Morgan Securities LLC (2012–2017)
- Chase Investment Services Corp. (2008–2012)
- First Investors Corporation (2007–2008)
- Laidlaw & Company (UK) Ltd. (2006–2007)
- Other Business Affiliations:
- WIS Advisors Inc. (DBA for LPL business)
- NEXA Partners (investment-related DBA entity)
- Insurance Agent (non-variable insurance products)
- CRD number: 5118326
- Stockbroker / Financial Advisor. Yes
- Can Broker be Sued in FINRA: Yes
- Highest Award or Settlement: $50,000
If you’ve sustained damages from Mr. Martz, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Andrew Martz as Your Stockbroker?
Andrew Martz has been the subject of customer disputes, including a recent settled complaint filed in March 2026 while he was associated with LPL Financial LLC.
In 4/2026 a customer of LPL Financial was paid $50,000 to resolve allegations that Martz violated SEC Regulation Best Interest (Reg BI) in connection with recommendations involving corporate bond investments. Mr. Martz personally contributed $10,000 toward the settlement.
FINRA Rule 2111- suitability -Regulation Best Interest
In a prior complaint in November 2014 , while Martz was registered with J.P. Morgan Securities, a customer alleged misrepresentation related to a variable annuity investment. The customer sought $26,000 in damages, but the claim was denied by the firm and apparently the customer did not file a FINRA arbitration or otherwise pursue the matter.
Allegations of Broker Misconduct Against Andrew Martz
- Unsuitability — Recommendations involving corporate bonds or annuities may violate FINRA Rule 2111 (Suitability) if not aligned with a client’s investment profile.
- Best Interest Violations — The 2026 complaint specifically alleges violations of SEC Regulation Best Interest (Reg BI, Rule 15l-1), which requires brokers to act in the best interest of retail customers.
- Misrepresentation — The 2014 complaint alleged misleading statements regarding a variable annuity, implicating FINRA Rule 2020 and FINRA Rule 2010 governing fair and ethical conduct.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Eric Adam Stiba, 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.