Were you the victim of former 1808 Capital Partners broker and partner Edward Stephens (CRD# 4324797)? He was registered with Raymond James Financial Services, Inc. in Greensboro, North Carolina, from 2016 to 2024, and Merrill Lynch, Pierce, Fenner & Smith Incorporated in Greensboro, North Carolina, from 2004 to 2016. He was listed as a partner and director of financial planning at 1808 Capital Partners in Greensboro, North Carolina, from 2024 to 2025, when he was terminated regarding, “Embezzlement Prop. Rec by Virtue of Office/Employment, Conversion, Chapter 75 Unfair and Deceptive Trade Practices, Fraud, Violation of Fiduciary Duty, Punitive Damages, Breach of Contract.”
In July 2025, he faced felony embezzlement charges of less than $100,000. The criminal charges are still pending.
Edward Stephens Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
June 2025. “Embezzlement, Conversion, Chapter 75 Unfair and Deceptive Trade Practices, Fraud, Violation of Fiduciary Duty, Punitive Damages, Breach of Contract.” The customer is seeking $350,000 in damages, and the case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, 1808 Capital Partners may be liable for investment or other losses suffered by Edward Stephens’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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