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Customer Alleged Adam Fetterman Placed Her in High Risk Investments

Adam Fetterman

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 29, 2018 indicate that Florida-based UBS Financial Services broker/adviser Adam Fetterman has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Fetterman (CRD# 2053684).

Adam Fetterman has spent 26 years in the securities industry and has been registered with UBS Financial Services in Boca Raton, Florida since 2009. Previous registrations include Wachovia Securities in Boca Raton, Florida (2003-2008); Prudential Securities in New York, New York (2000-2003); Salomon Smith Barney in New York, New York (2000); Painewebber in Weehawken, New Jersey (1997-2000); First Miami Securities in Boca Raton, Florida (1992-1997); MetLife Securities in Springfield, Massachusetts (1991-1992); and Metropolitan Life Insurance Company in New York, New York (1991-1992). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 7, 1992; Series 7 (General Securities Representative Examination), which he obtained on June 24, 1997; Series 52 (Municipal Securities Representative Examination), which he obtained on December 31, 1991; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on May 3, 1991. He is a registered broker and investment adviser with 32 US states and territories and nine self-regulatory organizations (SROs): BOX Options Exchange LLC, the Chicago Board Options Exchange, FINRA, NYSE American LLC, NYSE Arca, Nasdaq ISE LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.

According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.

In December 2017 a claimant alleged Adam Fetterman, while employed at UBS Financial Services, provided incorrect information on the client’s account profile regarding her income, placed her in high risk investments, and put her in margin loans to support her spending. The customer is seeking $280,000 in damages in the pending complaint.

In 2009 a claimant alleged Adam Fetterman, while employed at UBS Financial Services, invested 50% of their assets in the financial sector. The customer sought $165,000 in damages in the complaint, which was denied.

If you or someone you know has lost money investing with Adam Fetterman, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.