Last Updated: July 2025 – Colorado Springs, CO
Here’s what you need to know about Colorado Springs, CO stockbroker Alan Hofstein:
- Name: Alan Leon Hofstein
- CRD Number: 4417550
- Current Status: Not currently registered with any FINRA-member firm
- Function: Stockbroker / Financial Advisor
- Prior Employers: Securities America, Inc.; Brecek & Young Advisors, Inc.; Edward Jones
- Primary Location: Colorado Springs, CO
- Other Business Affiliations: Fortress Financial Advisors, MASEDA Group, Smart Old Men
- Can Alan Hofstein be sued in FINRA arbitration? Yes.
- Sanctioned by Securities Regulators: No
- Highest Settlement or Award: $62,500
If you’ve sustained damages from Mr. Hofstein, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Alan Hofstein As Your Stockbroker?
A FINRA arbitration case (Case No. 23-03158) was filed by a customer of Securities America in October 2023, alleged that Alan Hofstein sold them an unsuitable real estate security, violating industry standards for suitability and due diligence. The claim settled in December 2024 for $62,500.
More on REITs and Other Alternative Investments
This type of allegation relates to FINRA Rule 2111 (Suitability Rule), which requires brokers to have a reasonable basis to believe an investment recommendation is suitable for the customer’s financial situation, investment experience, and objectives.
Allegations of Broker Misconduct Against Alan Hofstein
Alan Hofstein has been the subject of a customer dispute alleging:
Sale of an unsuitable alternative investment in real estate securities while registered with Securities America, Inc.
Brokers and their firms are required to comply with FINRA Rule 2111 (Suitability) and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade), both of which help ensure that recommendations align with an investor’s needs and risk tolerance.
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
See this for information on our other investigations of Securities America brokers
If you have suffered investment losses in an account handled by Alan Leon Hofstein, 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.