July 1, 2025

Robert Leverte At Center Of Merrill Lynch Client Unsuitable Advice Arbitration Claim

man with a smartphone looking at a digital line graph

Investors may have incurred losses due to securities broker Robert John Leverte III (also known as Bob Leverte) [CRD: 2283504, Atlanta, Georgia], based on publicly available information reported on FINRA BrokerCheck. Robert Leverte III has worked with Merrill Lynch, Pierce, Fenner & Smith Incorporated since September 8, 2006, at its Atlanta, Georgia office, and since September 12, 2006, at its Naples, Florida location. Read on to understand more about the disclosures related to Robert Leverte III.

Leverte Disclosed Unsuitable Recommendations Allegations By Merrill Lynch Client

Evidently, a client of Merrill Lynch contested Robert Leverte’s sales practices by filing FINRA Arbitration No. 24-02023 on September 20, 2024. Allegedly, from 2021 through 2024, Leverte made unsuitable investment recommendations and implemented an unsuitable investment strategy. Allegedly, Leverte caused the client to sustain damages in relation to a cash balance plan. Therefore, the client seeks compensation from Merrill Lynch or Leverte in this ongoing matter.

Understanding Unsuitable Investment Strategies In Cash Balance Plans

Unsuitable investment strategies—especially in relation to a cash balance plan—typically mean the financial advisor recommended or executed an investment approach not aligned with the client’s financial goals, risk tolerance, or investment profile. A cash balance plan is a type of retirement account combining features of defined benefit and defined contribution plans. When advisors recommend strategies for these plans without proper due diligence or consideration of a client's best interest, it may lead to losses or insufficient retirement savings. Such allegations may indicate a failure to tailor investment approaches to client needs or misjudgment in selecting products for tax-deferred retirement growth.

Seeking More Information About Financial Advisor / Securities Broker Robert Leverte?

Are you concerned regarding investments you made with Robert Leverte? You can get in touch with Soreide Law Group online or at (888) 760-6552 and speak to a securities attorney about a possible recovery of your losses. Soreide Law Group has helped to recoup losses for clients throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Leverte and brokerage firms Leverte worked for deny allegations of sales practice violations.

S H A R E   T H I S   P O S T

Recent Posts

June 17, 2026
FRANCISCO M GOMEZ Suspended by FINRA

FRANCISCO M GOMEZ (FRANCISCO MANUEL GOMEZ, FRANK GOMEZ) has been suspended by FINRA from acting as a broker with a start date of 4/6/2026.  The “Regulatory” disclosure was dated 3/13/2026.  The allegations against Gomez were, “Respondent Gomez failed to respond to FINRA requests for information.” The duration of the suspension was listed as, “Continues until […]

June 17, 2026
Gianpaolo Bicego Linked To Wells Fargo Advisors Investor Complaint Regarding Unauthorized Trading

Investors apparently complained about securities broker Gianpaolo Bicego (also known as Paolo Bicego) [CRD: 5211610, Beverly Hills, California], based on publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Gianpaolo Bicego worked for J.P. Morgan Securities LLC from February 17, 2010, through October 25, 2023, and has been registered with Wells Fargo Clearing […]

June 17, 2026
Daniel Makin Connected To Raymond James Investor Complaint About Excessive Charges

Investors may have suffered financial harm by securities broker Daniel Malcolm Makin [CRD: 4367894, Westerly, Rhode Island], given the disclosures on FINRA BrokerCheck. Makin worked for Raymond James Financial Services Inc. from March 21, 2001, to September 30, 2025. Investors should read below to review the disclosures reported on his record. Raymond James Investor Accused […]

Contact us Nationwide USA
2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062
Helping clients recover money across the USA
search
Copyright © 2025 Soreide Law Group, PLLC  |  All Rights Reserved