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Read MoreWalter Schoczolek: $500K Complaint Against Avantax Advisor
Charlotte, North Carolina financial advisor Walter Schoczolek (CRD# 4488009) recently received an investor complaint alleging his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is a broker with Sigma Financial Corporation, having previously been registered with Avantax Investment Services.
Mr. Schoczolek’s BrokerCheck report discloses two investor complaints. The most recent, filed in September 2023, alleges that as a representative of Avantax Investment Services, he recommended an unsuitable investment and “liquidated it without her authorization.” The pending complaint alleges damages of $500,000.
An earlier investor complaint, filed in 2020, alleged that as an Avantax representative, he made investments of which she “was not informed.” The complaint reached a settlement of $30,423.63.
According to the Financial Industry Regulatory Authority, Walter Schoczolek holds 21 years of securities industry experience. Based in Charlotte, North Carolina, he has been a broker with Sigma Financial Corporation since September 2023. His past registrations include Avantax Investment Services (Cornelius, North Carolina; 2015-2023) and MML Investors Services (Charlotte, North Carolina; 2002-2015). His credentials include the passage of three securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He is also a record at PGS Capital Management and PGS Accounts and Advisors, and was previously employed as an insurance agent with Avantax Investment Services. He is licensed in California, Delaware, Florida, Georgia, Maryland, Minnesota, New Jersey, North Carolina, Pennsylvania, South Carolina, and Virginia. (Information current as of October 15, 2023.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.
