Last Updated: October 2026
Here’s What You Need to Know About Sun City West, Arizona Stockbroker Robert Kromer, Jr.
- Name: Robert Vincent Kromer, Jr.
- Current Employer: Registered Investment Advisor with RK Retirement Solutions, Sun City West, AZ. Not currently registered as a stockbroker.
- Prior Employers: Securities America, Inc.; Dalton Strategic Investment Services Inc.; Workman Securities Corporation; USAllianz Securities, Inc.; Tower Square Securities, Inc.; Advantage Capital Corporation; Travelers Equities Sales, Inc.; MetLife Securities Inc.; Metropolitan Life Insurance Company; Pruco Securities Corporation
- Function: Registered Investment Advisor
- Aliases: Robert V. Kromer, Jr.; Robert Kromer
- Primary Location: Sun City West, Arizona
- CRD Number: 1448765
- Highest Settlement: $155,000
If you’ve sustained damages from Mr. Kromer, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Robert Kromer, Jr.?
Customer Disputes
August 2026 – $155,000 Settlement: A customer alleged negligence, fraud, and misrepresentation involving investments made in 2017 through RK Retirement Solutions LLC. The complaint involved allegedly undisclosed investment risks, illiquidity, and the bankruptcy of an investment company. The lawsuit settled for $155,000.
September 2012 – $70,000 Settlement: A customer alleged that Kromer recommended an unsuitable variable universal life insurance policy while associated with Tower Square Securities. The customer claimed at least $400,000 in damages. FINRA arbitration case 11-02624 settled for $70,000.
1996–1997 – $27,000 Settlement: A customer alleged misrepresentations concerning future premium payments on a variable appreciable life insurance policy. The insurer adjusted the policy at an estimated cost of $27,000.
1992–1996 – $12,609 Settlement: A customer alleged that he was unaware that life insurance policies had been issued for both himself and his wife. The insurer canceled one policy and transferred $12,609.73 in premiums to the other.
1991–1992 – $27,547 Settlement: A customer alleged that two life insurance policies had been represented as paid-up policies. The insurer canceled the contracts and refunded $27,547.98 in premiums.
Allegations of Broker Misconduct Against Robert Kromer, Jr.
- Negligence, fraud, and misrepresentation
- Unsuitable investment recommendations
- Failure to disclose investment risks and illiquidity
- Misrepresentations concerning life insurance policies
- Improper commission practices
Regulatory Action and Employment Termination
In 1992, the South Dakota Department of Commerce and Regulation fined Kromer $200 concerning an incorrect answer on an insurance licensing application.
Kromer was also discharged by Prudential Insurance Company in November 1991 following allegations involving abuse of commissions on life insurance sales. Kromer denied wrongdoing and stated that an NASD investigation resulted in no action against him.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Robert Kromer, Jr., 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, Florida, Rex Securities Law represents investors nationwide who have suffered financial losses involving stockbroker misconduct, unsuitable investments, misrepresentation, and investment fraud.
Contact experienced investment fraud attorney Bob Rex at (877) 224-3199 for a free consultation.