Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 1, 2016 indicate that Illinois-based Voya Financial Advisors broker/adviser Robert Witt has been named in a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Witt (CRD# 2926506).
Robert Witt has spent 14 years in the securities industry and has been registered with Voya Financial Advisors in Libertyville, Illinois since 2014. Previous registrations include ING Financial Partners in Bloomington, Illinois (2006-2010); OneAmerica Securities in Indianapolis, Indiana (1997-2006); and American United Life Insurance Company in Indianapolis, Indiana (1997-2001). He is a registered broker and investment adviser with 12 US states: Arizona, California, Florida, Illinois, Kansas, Kentucky, Louisiana, Michigan, Ohio, South Carolina, Utah, and Wisconsin.
According to his BrokerCheck report, Robert Witt has received one regulatory sanction, one customer complaint, and one pending customer complaint.
In June 2016, a party of claimants alleged Robert Witt, while employed at Voya Financial Advisors, “gave them poor advice and explanations regarding their investments.” The customer is seeking unspecified damages in the pending complaint.
In 2013, the State of Indiana sanctioned Robert Witt following allegations he conducted investment advisory services prior to obtaining registration in the state. He was issued a fine of $3,500.
In 2011, a customer alleged Robert Witt, while employed at ING Financial Partners, caused “concern regarding a significant loss of value in their account, the amount of fees charged, and the investment strategy employed.” The complaint settled for $20,000.
In 2009, a customer alleged Robert Witt, while employed at ING Financial Partners, did not make them aware of management fees and failed to follow instructions. The customer sought damages exceeding $116,700 in the complaint, which was denied.
If you have complaints regarding Robert Witt, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover lost funds. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.