Expert Review

L. Marc Shegoski: Exposed with the Allegations of SEC? (Latest Update 2023)

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Who is L. Marc Shegoski (CRD#: 726591)?Everything you need to know about L. Marc Shegoski and their accolades

With non-profits, foundations, endowments, retirement plans, municipalities, and high-net-worth customers, Marc has 40 years of expertise in developing enduring connections. L. Marc Shegoski specializes in asset allocation, manager due diligence, portfolio development, and trading dynamics as a UBS Senior Institutional Consultant, a title held by just 28 of UBS’s top Institutional Consultants.

When PRIME Asset Consulting was known as Paine Webber & Kidder Peabody, Marc was a partner in the establishment of the UBS Institutional Consulting Group. L. Marc Shegoski has extensive expertise outside of consulting; he was a founding partner of a business on the New York Stock Exchange, a director of the office of the state courts administrator for the state of Missouri, and an advisor to the special investigation commission of the New Jersey Senate. NAI, one of the largest privately owned commercial real estate brokers worldwide, was a former board member.

Additionally, Marc serves on the boards of the Red Cross of NJ and several other nonprofits in the Princeton-New Brunswick region.

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About FIRM:History, achievements, leadership, lawsuits, & disputes

What is UBS Financial Services

UBS Financial Services is a global financial services company that provides a wide range of financial products and services to individuals, corporations, and institutions. The company has a long history in the financial services industry, dating back to its founding in Switzerland in 1862. Today, UBS is one of the largest and most well-known financial institutions in the world, with a presence in over 50 countries and a vast network of clients.

The primary goal of UBS Financial Services is to help clients achieve their financial objectives through a combination of expert advice, innovative solutions, and exceptional service. The company prides itself on its ability to provide tailored solutions to meet the unique needs of each client, whether they are looking to build wealth, preserve capital, or generate income. In this article, we will explore the various products and services offered by UBS Financial Services, as well as discuss some of the investment options available to clients.

One of the key factors that sets UBS Financial Services apart from other financial institutions is its commitment to client satisfaction. The company believes that by putting the needs of its clients first and maintaining a strong focus on ethical business practices, it can build long-lasting relationships and create lasting value for both its clients and the company itself. This approach has helped UBS Financial Services establish itself as a trusted partner to clients around the world, and it continues to drive the company’s success today.

UBS Financial Services Products and Services

UBS Financial Services offers a comprehensive range of financial products and services designed to meet the diverse needs of its clients. These offerings can be broadly categorized into four main areas: wealth management, asset management, investment banking, and retail banking.

Wealth Management

Wealth management is a core focus of UBS Financial Services, and the company provides a wide range of solutions to help clients manage their wealth effectively. These services include financial planning, investment management, estate planning, and tax planning. UBS Financial Services also offers specialized services for high-net-worth individuals and families, such as philanthropy and family office services.

Asset Management

Asset management services from UBS Financial Services are designed to help clients maximize their investment returns while managing risk. The company offers a variety of investment solutions, including equities, fixed-income, real estate, and alternative investments. UBS Financial Services also provides customized solutions to meet the specific needs of institutional clients, such as pension funds and endowments.

Investment Banking

UBS Financial Services’ investment banking division provides a range of services aimed at helping clients raise capital, manage risk, and execute transactions. These services include mergers and acquisitions advisory, debt and equity capital markets, and corporate lending. The company also offers research and analytics to help clients make informed investment decisions.

Retail Banking

In addition to its wealth management and investment banking services, UBS Financial Services also operates a retail banking division. This division offers a variety of banking products and services to individual clients, such as checking and savings accounts, credit cards, mortgages, and personal loans.

UBS Financial Services Investment Options

When it comes to investing, UBS Financial Services offers a wide range of options to help clients achieve their financial goals. These options can be broadly categorized into three main areas: traditional investments, alternative investments, and structured products.

What is a Financial Advisor?

A financial advisor is a specialist who offers professional financial advice to people looking to accomplish particular financial goals. You work with a financial advisor to develop a thorough financial plan that is specific to your situation, much like you would hire an architect to construct the blueprint for your home. Understanding your existing financial condition, including your income, costs, savings, and spending patterns, is a requirement for this collaboration.

Traditional Investments

Traditional investments offered by UBS Financial Services include equities, fixed income, and mutual funds. Clients can choose from a variety of investment strategies and styles, such as value, growth, or income-focused approaches. The company also offers access to a global network of investment managers, allowing clients to diversify their portfolios across different geographies and sectors.

Alternative Investments

Alternative investments are designed to provide clients with additional diversification and potential sources of return that may not be available through traditional investment channels. UBS Financial Services offers a range of alternative investment options, including hedge funds, private equity, real estate, and commodities. These investment options are typically available to qualified investors, such as high-net-worth individuals and institutions.

Structured Products

Structured products are financial instruments that combine various elements, such as derivatives and traditional securities, to create unique risk-return profiles tailored to specific investor needs. UBS Financial Services offers a wide range of structured products, including equity-linked notes, principal-protected notes, and structured funds. These products can help clients enhance their returns, manage risk, or achieve specific investment objectives.

UBS Financial Services Lawsuit

While UBS Financial Services is a well-respected financial institution, it is important to note that the company has faced legal issues in the past. One notable example is the lawsuit filed against the company in 2008 by the U.S. Securities and Exchange Commission (SEC) for alleged fraud related to the sale of auction-rate securities.

The SEC alleged that UBS Financial Services had misled customers by falsely representing that auction rate securities were safe, liquid investments when, in fact, the market for these securities had become increasingly illiquid. As a result, many investors were unable to sell their auction-rate securities, resulting in significant losses.

UBS Financial Services ultimately settled the lawsuit in 2008, agreeing to repurchase approximately 150 million fine. The company also implemented a series of internal reforms to improve its risk management and compliance processes.

SEC Fraud Charges

In addition to the auction rate securities lawsuit, UBS Financial Services has faced other legal issues related to securities fraud. In 2015, the company settled with the SEC for $19.5 million over allegations that it had failed to adequately disclose the risks associated with complex mortgage-backed securities it sold to investors between 2011 and 2014. The company neither admitted nor denied the allegations as part of the settlement.

It is important for potential clients to be aware of these past legal issues when considering working with UBS Financial Services. While the company has taken steps to address these issues and improve its internal processes, investors should carefully evaluate their options and weigh the potential risks and benefits of working with any financial institution.

22/11/2023 Update
As of now, L. Marc Shegoski has not responded nor has he apologized for his misdeeds. He has ignored our efforts to highlight the problems faced by their victims. Furthermore, he has only focused on propagating his fake PR.
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L. Marc Shegoski Disclosures: BrokerCheck, FINRA, And SEC ReportsEvery complaint, disclosure, litigation against L. Marc Shegoski

To offer stocks or give investment advice, a person must be registered, and they must also declare any regulatory measures taken against them, employment terminations, bankruptcies filed, criminal or civil legal cases they have been involved in, as well as customer complaints and arbitrations.

The following list identifies the sort of disclosure event concerned:

  • The client requested compensation for the error the broker made in his account. Unspecified damages that are thought to exceed $5,000. Oppenheimer received a product with no specified complaint.
Financial Advisors often take down their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any disputes in the past.

FINRA’s BrokerCheck

individual_726591.pdf (finra.org)

SEC Litigations & Forms

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Source: L. Marc Shegoski – SEC Site Search Search Results

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L. Marc Shegoski Lawsuits, Legal Battles, & DisputesActive database of all lawsuit documents (subject to availability) against L. Marc Shegoski

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, and Trellis. law, and Law360. If L. Marc Shegoski has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against L. Marc Shegoski which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Theresa Gorin on these websites, you can contact the local authorities and check if they have a physical copy of any cases.

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L. Marc Shegoski Complaints, Class Action Lawsuits & Legal BattlesRead all class action lawsuits and SEC complaints against L. Marc Shegoski (if available)

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against L. Marc Shegoski using the websites down below:

You can contact the law firms mentioned above if facing issues with L. Marc Shegoski or any financial advisor.

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Better Alternatives To L. Marc Shegoski (By Experts):Find the top 3 alternatives to L. Marc Shegoski

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
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You can check out the top 10 financial advisors in the U.S. to learn more.

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