Investors have reportedly disputed the sales practices of securities broker Samuel David Frankfort [CRD: 2773755, Houston, Texas], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Frankfort worked for Rockefeller Financial LLC from May 22, 2020, to February 15, 2024, and for Raymond James & Associates Inc. from September 6, 2016, to May 27, 2020. Read on to discover more about the disclosures involving Frankfort and the allegations made against him.
Allegations of unsuitable recommendations generally mean that a broker or investment adviser advised a client to invest in products that did not match the client’s financial goals, experience, or risk tolerance. In cases involving direct participation programs (DPPs) or limited partnership (LP) interests, such investments can be especially risky because they are often illiquid and complex. When brokers recommend these products without adequately assessing a client’s financial situation, investors can face significant losses that might have been avoidable with more suitable investment choices.
Notably, on July 2, 2025, a Rockefeller Financial LLC client filed FINRA Arbitration No. 25-01360 about Samuel Frankfort. The client alleged that Frankfort made recommendations of certain direct investments (commonly referred to as DPPs and LP interests). Because of this, the client allegedly sustained damages. As a result, they requested $500,000 in compensation from Rockefeller Financial LLC or Frankfort. It appears that this arbitration is pending a resolution.
Do you have concerns or questions regarding investments you made with Samuel Frankfort? You can get in touch with Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a potential recovery of your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Frankfort and brokerage firms Frankfort worked for deny allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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