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Robert Stolar: Is He Charged by SEC? !

December 20, 2023
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Robert Stolar
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Who is Robert Stolar (CRD#: 1881745)?Everything you need to know about Robert Stolar and their accolades

Robert Stolar is the Managing Director of Morgan Stanley’s Family Wealth Group and President of the Morgan Stanley Private Bank, National Association. Mr. Stolar served as the group leader for Morgan’s Western Region Multi-Family Office Group and Family Wealth Consulting Group.

Robert Stolar worked for family offices and extremely wealthy clientele in the US. He graduated from Quinnipiac University with a J.D., the University of Illinois with a B.S., and Boston University with an LLM in Taxation.

He had served as the director of the western region, multi-family office group, and family wealth consulting group at U.S. Trust. Donald Herrema, who is in charge of private wealth management in the Americas, will be Stolar’s boss.

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

About Morgan Stanley Wealth Management:

Morgan Stanley Wealth Management, an American multinational financial services corporation, specializes in retail brokerage and asset management. As a division of Morgan Stanley, it serves a wide range of clients, from individual investors and small-to-mid-sized businesses to large corporations, non-profit organizations, and family foundations. With a strong history and a proven track record, Morgan Stanley Wealth Management has become a leading choice for those seeking expert financial advice and guidance.

Early Beginnings: Smith Barney & Co.

Morgan Stanley Wealth Management has its roots in the 1938 merger of Charles D. Barney & Co. and Edward B. Smith & Co., which formed Smith Barney & Co. Charles D. Barney & Co., founded by Charles D. Barney in 1873, was a New York and Philadelphia-based firm that emerged from the failure of its predecessor, Jay Cooke & Company. Edward B. Smith & Co., founded in 1892, became a significant player in securities underwriting in 1934 after absorbing the professionals from the securities business of Guaranty Trust Company, following the passage of the Glass-Steagall Act.

Morgan Stanley Wealth Management offers a comprehensive suite of financial services to cater to the diverse needs of its clients. Some of these services include:

Investment Management

Morgan Stanley Wealth Management provides a wide range of investment options, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and more. Their financial advisors help clients develop tailored investment strategies to meet their specific financial goals and risk tolerance levels.

Financial Planning

Financial planning services offered by Morgan Stanley Wealth Management include retirement planning, education planning, estate planning, and more. Their financial advisors work with clients to understand their financial objectives and develop a comprehensive financial plan to help them achieve those goals.

Banking and Lending

Morgan Stanley Wealth Management offers banking and lending solutions, such as cash management accounts, mortgages, home equity loans, and lines of credit to help clients manage their day-to-day financial needs and achieve their long-term financial goals.

Insurance and Annuities

To help clients protect their financial future, Morgan Stanley Wealth Management offers insurance and annuity products, including life insurance, long-term care insurance, and annuities, designed to provide financial stability and peace of mind.

Philanthropy and Social Impact Investing

Morgan Stanley Wealth Management offers philanthropic advisory services and social impact investing options for clients who want to align their investments with their values and make a positive impact on society.

What is SEC?

The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate fairly and orderly, and facilitate capital formation.

20/12/2023 Update
As of now, Robert Stolar has not responded, nor has he apologized for his misdeeds. He has ignored our efforts to highlight the problems faced by his victims. Furthermore, he has only focused on propagating his fake PR.
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Robert Stolar Disclosures: BrokerCheck, FINRA, And SEC ReportsEvery complaint, disclosure, litigation against Robert Stolar

The disclosure of client grievances and arbitrations, regulatory actions, job terminations, bankruptcy filings, and criminal or civil legal procedures is a requirement for anyone registered to offer securities or give investment advice.

Below is a description of the sort of disclosure event involved:

  • According to the claimant, among other things, her PM account had an excessively high equity allocation for someone of her age and financial situation. Unknown damages in 2020.
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_1881745.pdf (finra.org)

ROBERT-S-STOLARDownload

SEC Litigations & Forms

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Source: Robert Stolar – SEC Site Search Search Results

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Robert Stolar Lawsuits, Legal Battles, & DisputesActive database of all lawsuit documents (subject to availability) against Robert Stolar

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, and Trellis. law, and Law360. If Robert Stolar 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 Robert Stolar which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Robert Stolar on these websites, you can contact the local authorities and check if they have a physical copy of any cases.

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Robert Stolar Complaints, Class Action Lawsuits & Legal BattlesRead all class action lawsuits and SEC complaints against Robert Stolar

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

You can contact the law firms mentioned above if facing issues with Robert Stolar or any financial advisor.

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Better Alternatives To Robert Stolar (By Experts):Find the top 3 alternatives to Robert Stolar

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
Assets Managed
Pros
Cons
image 999
Summit Rock Advisors
#1 Rated Investment Advisor
Get in touch
Assets Managed
$19.9 Billion
Pros
0 Disciplinary Actions
1:2 advisor/client ratio
Cons
3 Conflict Laerts
Top Recommendation
image 1001
Fort Washington Investment Advisors
Best Customer Service In The Market
Get in touch
Assets Managed
$52.42 Billion
Pros
Good advisor/client ratio
Reputed
Cons
None
1625686851535
Fisher
Investments
Highest Rated On Independent Platforms
Get in touch
Assets Managed
$17.3 Billion
Pros
Fee-only
High overall rating
Cons
Several complaints on platforms
You can check out the top 10 financial advisors in the U.S. to learn more.

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