Can I recover losses from investments with former Commonwealth Financial Network broker William Grundig (CRD# 2589507)? He has been registered with Kestra Investment Services, LLC in Freehold, New Jersey, since 2025. He was registered with Commonwealth Financial Network in Freehold, New Jersey, from 2016 to 2025, and Securities America Advisors, Inc. in Iselin, New Jersey, from 2008 to 2016.
William Grundig Customer Complaints
He has been the subject of three customer complaints between 1997 and 2025, according to his CRD report. The most recent complaint was regarding:
July 2025. “Customer alleges that certain stocks in her portfolio were unsuitable.” The case is currently pending. The complaint was regarding common and preferred stock losses, and it took place while he was registered with Commonwealth Financial Network.
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, Commonwealth Financial Network may be liable for investment or other losses suffered by William Grundig’s 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.
"*" indicates required fields
