Last Updated: March 2026 (Setauket, NY)
Daniel Raupp Investigation Summary
Here’s what you need to know about Setauket, NY, stockbroker Daniel Raupp:
- Name: Mr. Daniel Philip Raupp
- Current Employer: Concorde Investment Services
- DBA: Fortitude Investment Group
- Other Business Affiliations: 1031DST
- Previous Firms: J.P. Turner & Company
- Function: Stock Broker/ Financial Advisor
- Aliases: Daniel Raupp
- Primary Location: Setauket, NY
- CRD 4079107
- Can Daniel Raupp be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $400,000
- Pending Customer Dispute Seeks Damages of $270,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Daniel Raupp As Your Stockbroker?
In 2/2023 a customer of Concorde Investment Services filed a FINRA arbitration alleging that Daniel Raupp made unsuitable recommendations , misrepresentations and violated FINRA Rule 2010 in connection with the sale of direct investments. Damages of $270,000 are sought in this pending matter.
Daniel Raupp discloses 9 prior settlements with customers that involve direct investments and non publicly traded REITs. More than $1.7 million was paid to resolve those cases.
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.
What is a Delaware Statutory Trust (DST) ?
Allegations of Broker Misconduct Against Daniel Raupp
Customers of Daniel Raupp have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Misrepresentations
- New York Consumer Protection Act
- Common Law Fraud
- Violation of FINRA Rules 2310 and 2110
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.
Delaware Statutory Trust-A Delaware Statutory Trust (DST) is a legally recognized real estate investment trust (REIT) in which investors can purchase fractional ownership in property as beneficiaries of the trust.
Internal Revenue Ruling 2004-86 declared that DST’s are like-kind and therefore qualify as 1031 exchange property. A 1031 exchange allows real estate investors to swap one investment for another and defer capital gains taxes.
Ownership of real property as a beneficiary of the DST offers investors the same benefits and risks as direct ownership without the management responsibility since a trustee is appointed to manage the property on behalf of the investors. Since the IRS has declared ownership of real property via a Delaware Statutory Trust to be like kind property for purposes of 1031 exchange, a much broader and diverse selection of investment property is now available.
Other Investigations Involving Delaware Statutory Trusts
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
See this for information on our other investigations of Concorde Investment Services brokers
If you have suffered investment losses in an account handled by Daniel Raupp , contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Firms We Have Pursued For Our Clients
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.