Stephen Ferencik

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on March 10, 2017 indicate that Georgia-based Arkadios Capital broker/adviser Stephen Ferencik has been the subject of several customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Ferencik (CRD# 3126037).

Stephen Ferencik has spent seventeen years in the securities industry and has been registered with Arkadios Capital in Atlanta, Georgia since January 2017. Previous registrations include Triad Advisors in Atlanta, Georgia; UBS Financial Services in Atlanta, Georgia; and Morgan Stanley DW in Purchase, New York. He is a registered broker and investment adviser with nine US states and territories: California, Delaware, Florida, Georgia, Michigan, New York, North Carolina, South Carolina and Virginia.

According to his BrokerCheck report, he has received four customer complaints and was terminated from one former employer.

In 2010 a customer alleged Stephen Ferencik, while employed at UBS Financial Services, executed excessive trades. The complaint settled for $17,300.

In 2010 a customer alleged Stephen Ferencik, while employed at UBS Financial Services, made unsuitable and unauthorized transactions. The complaint, in which he was not named, settled for $22,500.

In 2010 he was terminated from his position at UBS Financial Services following allegations he “exercised time discretion, in violation of firm policy, despite being previously reprimanded by the firm for similar conduct.”

In 2010 a customer alleged Stephen Ferencik, while employed at UBS Financial Services, recommended an unsuitable asset allocation and effected unauthorized transactions. The complaint settled for $89,000.

In 2007 a customer alleged he, while employed at UBS Financial Services, executed unauthorized trades. The complaint settled for $28,000.

If you or someone you know has lost money investing with Stephen Ferencik, 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, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.