Stephen Wagner Terminated By LPL Financial LLC For Inappropriate Trading Practices

Investors apparently complained about securities broker Stephen Hans Wagner (also known as Steve Wagner) [CRD: 2193508, Ventura, California], according to public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wagner worked for LPL Financial LLC from January 22, 2016, to January 20, 2026. Read on to find out more about Wagner’s disclosed history.

LPL Financial Disaffiliated With Steve Wagner For Trading In Low-Priced Securities

According to FINRA records LPL Financial LLC terminated Wagner on December 17, 2025. The firm stated that the discharge followed allegations that Wagner carried out transactions involving low-priced securities.

Stephen Wagner Disclosed Unsuitable Recommendations Allegations By Transamerica Financial Advisors Client

Also, a client of Transamerica Financial Advisors Inc. contested Wagner’s sales practices, according to a complaint dated November 5, 2014. Allegedly, Wagner made unsuitable recommendations. It appears that Wagner allegedly caused the client to sustain damages connected to stocks. As a result, the client sought compensation from Transamerica Financial Advisors Inc. or Wagner in the amount of $80,000 in this matter. However, the firm denied this complaint.

Transamerica Financial Advisors Investor Accused Steve Wagner Of Unsuitable Advice

Additionally, a client filed a complaint about Wagner. Primarily, the client alleged that Wagner gave unsuitable advice. Because of this, the client allegedly incurred damages related to stocks. Therefore, on March 25, 2010, Transamerica Financial Advisors Inc. settled this matter by paying the client $8,000 in damages.

Did You Experience Losses With Stephen Wagner?

Are you concerned about investments you made through Stephen Wagner? You can contact Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities lawyers represent investors on a contingency fee basis and advance all costs. Wagner and brokerage firms Wagner worked for deny allegations of sales practice violations.