Last Updated: February 2025, Ansonia, CT
Here’s what you need to know about Ansonia, CT, stockbroker Evan J. Adelglass:
- Name: Mr. Evan Jay Adelglass
- CRD Number: 2392225
- Current Employer: LPL Financial LLC (Registered since August 31, 2005)
- Prior Employers:
- Banc of America Investment Services, Inc. (October 2004 – September 2005)
- Quick & Reilly, Inc. (December 2002 – October 2004)
- First Union Securities, Inc. (August 2000 – September 2001)
- First Albany Corporation (November 1998 – August 2000)
- Janney Montgomery Scott Inc. (March 1996 – November 1998)
- Function: Stockbroker / Financial Advisor
- Primary Location: Ansonia, CT
- DBA: Adelglass Wealth Management
- Can Evan Adelglass be sued in FINRA arbitration? Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $200,000.00
If you’ve sustained damages from Mr. Adelglass, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Evan Adelglass As Your Stockbroker?
Two recent FINRA arbitrations involving Evan Adelglass resulted in substantial settlements related to unsuitable investment recommendations:
- Case #24-02134, filed on October 3, 2024, involved allegations of unsuitable investments in equity-listed products (common and preferred stock) between 2021 and 2024, seeking $330,000.00 in damages. The case was settled on December 26, 2024, for $150,000.00.
- Case #24-02133, filed on October 3, 2024, also alleged unsuitable investments in equity-listed products from 2020 to 2024, with $600,000.00 in alleged damages. This dispute was settled on December 26, 2024, for $200,000.00.
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
Allegations of Broker Misconduct Against Evan Adelglass
Customers of Evan Adelglass have alleged the following misconduct in connection with their accounts:
- Unsuitable Investment Recommendations: The complaints allege that Mr. Adelglass recommended investments that did not align with the customers’ financial objectives and risk tolerance, potentially violating FINRA Rule 2111, which governs suitability requirements.
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 Evan J. Adelglass, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
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.
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.