Last Updated: December 2025 — Wilmington, DE
Here’s what you need to know about Wilmington, DE stockbroker Thomas John Shopa Jr.:
- Name: Thomas John Shopa Jr.
- Alias: TJ Shopa
- Current Employer: Equitable Advisors, LLC — Registered since 03/26/2024; branch office at 3 Mill Road, Suite 306, Wilmington, DE 19806
- Prior Firms:
- Lincoln Financial Advisors Corporation (2008–2024) (Acquired by Osaic Wealth in 5/2024)
- AXA Advisors, LLC (2000–2008)
- Other Business Affiliations:
- CRD Number: 4182416
- Stockbroker / Financial Advisor: Yes — registered with 1 SRO and licensed in 13 U.S. states/territories; passed Series 7, SIE, and Series 66 exams
- Can Broker Be Sued in FINRA Arbitration: Yes
- Current Customer Dispute Seeks Total Damages Of: $2,200,000
If you’ve sustained damages from Mr. Shopa, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Thomas Shopa As Your Stockbroker?
A FINRA arbitration (Case No. 25-01865) was filed in September 2025, alleging that while employed by Lincoln Financial Advisors Corporation, Mr. Shop recommended and sold an unsuitable variable annuity and unsiotable REIT investments which caused a drop in portfolio value from $4 million to $1.8 million. Damages of $2.2 million are sought.
See this for more information on REITs and Other Alternative Investments
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.
Allegations of Broker Misconduct Against Thomas John Shopa Jr.
- Recommended Unsuitable Annuity
- Recommended Unsuitable REIT Investments
Recover Your Investment Losses Now With Rex Securities Law
Our investigations of other Lincoln Financial Securities brokers
Investigations of other Osaic Wealth brokers
If you have suffered investment losses in an account handled by Thomas John Shopa 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, 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.