Salvadore Salvo The Focus Of PKS Investments Investors’ Breach Of Fiduciary Duty Complaints

Investors potentially incurred losses because of securities broker Salvadore Robert Salvo [CRD: 409637, Parsippany, New Jersey], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Salvo worked for Purshe Kaplan Sterling Investments beginning on September 19, 2018, and for Summit Financial LLC beginning on January 3, 2019, with earlier employment at Summit Equities Inc. and Summit Financial Resources Inc. dating back to October 22, 1982. Read on for details about Salvo’s disclosures.

Purshe Kaplan Sterling Investments Investor Accused Salvo Of Negligence, Misrepresentation

Particularly, on August 6, 2025, a Purshe Kaplan Sterling Investments client filed an AAA Arbitration about Salvadore Salvo. Primarily, the client alleged that Salvo was negligent, made misrepresentations, made omissions, and breached his fiduciary duties. Because of this, the client allegedly incurred damages. Therefore, the client requested $784,000 in compensation from Purshe Kaplan Sterling Investments or Salvo. It appears that this arbitration is pending a resolution.

Salvadore Salvo Disclosed Breach Of Fiduciary Duty Allegations By Purshe Kaplan Sterling Investments Client

Also, a client of Purshe Kaplan Sterling Investments disputed Salvadore Salvo’s sales practices, according to a complaint dated July 2, 2025. Allegedly, Salvo breached his fiduciary duty. It appears that Salvo allegedly caused the investor to sustain damages. Consequently, the client sought compensation from Purshe Kaplan Sterling Investments or Salvo in the amount of $508,000 in this matter.

Summit Equities Inc. Investor Accused Salvo Of Unsuitable Recommendations, Misrepresentation

Notably, a Summit Equities Inc. client filed FINRA Arbitration No. 10-04308 about Salvadore Salvo. Mainly, the client alleged that Salvo made unsuitable recommendations, made misrepresentations, and failed to supervise. For this reason, the client allegedly sustained damages connected to life insurance products and outside money manager products. As a result, on January 3, 2013, Summit Equities Inc. settled this matter by paying the client $87,500 in damages.

Did You Sustain Losses Because Of Salvadore Salvo?

Are you concerned regarding investments you made with Salvadore Salvo? You can contact Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm takes cases on a contingency fee basis and advances all costs. Salvo and brokerage firms Salvo worked for deny allegations of sales practice violations.