Last Updated: April 2025 – Mount Pleasant, SC
Here’s what you need to know about Mount Pleasant, SC, stockbroker Anthony Seifert:
- Name: Mr. Anthony J. Seifert
- Current Employer: Alden Investment Group (Registered Investment Advisor), Not currently registered with any FINRA broker dealer
- Prior Employers:
- Kestra Investment Services, LLC (2022–2025)
- Merrill Lynch, Pierce, Fenner & Smith Incorporated (2016–2022)
- Sterne Agee Financial Services, Inc. (2015–2016)
- Function: Stockbroker / Registered Investment Advisor
- Aliases: Anthony Seifert, Anthony James Seifert
- Primary Location: Mount Pleasant, SC
- CRD #: 6514406
- Can Anthony Seifert be sued in FINRA arbitration? Yes
- Sanctioned by FINRA: Yes
- Discharged by a Prior Employer: Yes (two times)
- Highest Settlement or Award: $366,617
If you’ve sustained damages from Mr. Seifert, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Anthony Seifert As Your Stockbroker?
In January 2025, FINRA finalized disciplinary action against Anthony Seifert (Case No. 2022074552101), formerly of Merrill Lynch, Pierce, Fenner & Smith Incorporated. Seifert consented to sanctions stemming from discretionary trading in client accounts without written authorization or firm approval.He received a 20-business-day suspension starting February 18, 2025, and was fined $5,000.
Other Cases Involving Unauthorized Trading
Discretionary vs. Non-Discretionary Accounts
In 3/2022 a customer of Merril Lynch was paid $366,617 to resolve allegations of unauthorized trading and unsuitable recommendations in a non-managed fee based accounts.
Seifert was discharged by Merrill Lynch in 3/2023 for exercising price discretion in non-discretionary client accounts.
In 1/2025 Seifert was discharged by Kestra Investment Services as a result of the FINRA investigation discussed above.
Allegations of Broker Misconduct Against Anthony Seifert
Anthony Seifert has been involved in multiple disclosure events:
- Unauthorized Trading
- Unsuitable Investments
- Exercising price discretion in a non-discretionary account
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090) Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
FINRA Rule 2111- suitability -Regulation Best Interest
The Financial Industry Regulatory Authority (FINRA) mandates that brokers report customer disputes and regulatory actions. Violations involving unauthorized trading and unsuitable recommendations are serious infractions that can lead to arbitration and sanctions under FINRA’s enforcement authority.
Recover Your Investment Losses Now With Rex Securities Law
See this for our prior investigations of Merrill Lynch brokers.
If you have suffered investment losses in an account handled by Anthony Seifert, 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.