Your investment accounts may be eligible for reimbursement if they have experienced substantial value losses due to financial advisor misconduct. Unfortunately, many individuals make the mistake of approaching Spartan Capital Securities without consulting an attorney and find themselves denied.
Before making any important financial decisions, gathering as much information as possible is essential. This is particularly important when dealing with financial services firms.
Reputation
Spartan Capital Securities is a widely recognized broker-dealer firm with an excellent track record in the financial industry. Their diverse offerings and expert advisors deliver customized investment solutions tailored to suit the unique needs of their clientele. Furthermore, Spartan offers extensive research tools that enable investors to make more informed investment decisions; however, some reviews raise issues regarding fees and commissions associated with investing with Spartan.
Before investing, investors should conduct extensive research and seek guidance from an experienced investment attorney. Unfortunately, many investors have fallen prey to stockbroker misconduct, which caused significant losses to their accounts; these can often be recovered by filing a complaint with the Securities and Exchange Commission.
Robert Reda was accused of providing customers with unsuitable trading strategies that caused them to incur losses. He charged high commissions and fees that almost precisely mirrored these losses across 66 customer accounts he traded with. In total, losses closely paralleled his commissions and fees charged.
Spartan Capital Securities must abide by stringent regulations by FINRA and the SEC to safeguard client interests; unfortunately, their oversight has led to numerous customer complaints and financial losses.
Zippia provides an in-depth profile of Spartan Capital Securities, such as salary information, political affiliations, and employee data. This data comes from self-reported employee claims or estimates derived from public and proprietary sources; Zippia cannot be liable for discrepancies. This page serves only as an overview and should not be taken as an endorsement or recommendation of this business.
Experienced Financial Advisors
Before choosing financial services, you must do your homework. Reviewing reviews can provide invaluable information regarding a company’s performance, offerings, customer service, and whether or not a particular financial institution has an excellent track record.
Reviewers often praise Spartan Capital Securities for its responsive customer service and wide array of research tools that enable clients to make more informed investment decisions. Some reviewers express concern regarding fees charged for trading and commissions – this factor could significantly impede returns.
When selecting a brokerage firm, it is vital to do your research. Examining its past regulatory history can offer great insight into its strengths and weaknesses – for instance, if a brokerage firm has been fined or investigated by the government, this should serve as a red flag.
Spartan Capital Securities’ longstanding presence in the financial industry stands as proof of their ethical practices and client-centric approach, fostering an atmosphere of trust with their investors through risk assessment and responsible investing practices, along with complete visibility for portfolio activities and account activities to reduce conflicts of interest and make more informed decisions.
Customer Service
Spartan Capital Securities provides individuals and businesses alike with a selection of investment opportunities designed to protect against losses while at the same time providing excellent customer service and creating long-term client relationships.
Spartan provides investors with straightforward and comprehensive market insights and analysis through its user-friendly online platform, helping them stay ahead of the curve and make informed investment decisions. In addition, Spartan offers investment strategies explicitly tailored for each investor based on their unique financial circumstances and goals.
According to a FINRA complaint filed against broker Marc Augustus Reda of Spartan Capital Securities LLC from January 2017 until December 2019, Reda recommended to customers an unsafe investment strategy that involved active trading ahead of corporate announcements with substantial commissions and fees accruing for commissions executed across 66 customer accounts, totaling 952 764 USD of losses for these customers.
The firm takes an individualized approach to investing, tailoring each portfolio specifically to a client’s risk tolerance, financial goals, and time horizon. Considering these elements in their investment decisions ensures clients achieve maximum returns.
Spartan provides investors with various investment products, including margin accounts. This type of account enables investors to purchase more shares than they could with just their cash, but at higher market risk and may lose value. Furthermore, Spartan provides access to extensive research tools, including fundamental and technical analysis, and its online trading platform for monitoring accounts and accessing research.
Research Tools
Before making significant financial decisions, it’s wise to gather as much information as possible before making decisions that could affect you significantly. Reading reviews written by previous clients and comparing salaries at similar companies will provide invaluable insight into whether or not Spartan Capital Securities is the right fit for your financial needs.
Spartan offers an array of investment solutions designed to meet the needs of experienced investors and those new to the market. These options include stocks, mutual funds, and alternative investments. In addition, Spartan provides its customers with various research tools for making informed investment decisions.
These tools include equity research, bond analysis, and an experienced fixed-income team of over fifty years with expertise covering municipal bonds, corporate bonds, agency debt, treasury mortgages, certificates of deposit, and foreign bonds, as well as alternatives like private credit private equity real estate, which help diversify your portfolio.
SIPC protects customer assets up to $500,000. Furthermore, this firm provides access to global markets via Charles Schwab affiliation. Moreover, the firm boasts an excellent client-centric culture dedicated to offering customized service to each client.
Spartan Capital Securities has an ongoing record of regulatory issues and customer complaints and has been the subject of multiple FINRA and state regulatory investigations, including allegations of financial advisor misconduct. Robert Wayne Pearce’s law firm has conducted extensive studies of this broker-dealer firm and represented investors who have suffered losses due to broker-dealer misconduct.
Fees
Spartan Capital Securities is a brokerage firm that provides different financial products to investors. Their offerings may include stocks, bonds, and mutual funds. Furthermore, the company offers an online platform that allows users to trade and analyze market trends. Spartan Capital Securities charges various fees for its services based on the total assets invested with them – such as monthly management fees and trading commissions that vary based on how assets are invested.
Spartan Private Wealth Management LLC services enable customers to tailor their portfolios based on their financial goals and risk tolerance. Spartan’s Financial Advisors conduct in-depth analysis of thousands of securities available through the firm and help clients select one that maximizes returns while controlling risks – clients may rebalance as necessary and receive regular statements and quarterly investment reviews from Spartan.
If your investment account was affected by financial advisor misdeeds that resulted in substantial losses, you have every legal right to seek reimbursement from those responsible. Brokerage firms bear responsibility for overseeing their advisors, so contacting Spartan Capital Securities directly without consulting an experienced attorney often leads to their claims being denied.
Anyone seeking to partner with this brokerage firm should assess its history, reputation, location, and customer service record before choosing. While the firm has been around for an extended period and has diversified its market presence, customer service remains outstanding, and few complaints have been filed against its brokers and advisors.
