Eric Scott Felsenfeld, of Rockville, Maryland, a stockbroker registered with Kingswood Capital Partners LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $26,406.67 in damages based upon allegations that Felsenfeld made misrepresentations of material fact, failed to perform due diligence, and made the unsuitable investment recommendation of corporate bonds during the time that Felsenfeld was associated with Kingswood Capital Partners LLC. FINRA Arbitration No. 25-00010 (February 26, 2025).
FINRA Public Disclosure shows that Felsenfeld is referenced in five other customer initiated investment related disputes concerning Felsenfeld’s conduct while associated with securities broker dealers. On October 1, 2020, a customer filed an investment related complaint involving Felsenfeld’s conduct in which the customer requested $5,000.00 in damages based upon allegations that Felsenfeld made the unsuitable investment recommendations of real estate investment trusts and unit investment trusts when Felsenfeld was associated with H. Beck Inc. and Kingswood Capital Partners LLC. This complaint was denied.
On January 18, 2022, a customer initiated investment related FINRA securities arbitration claim involving Felsenfeld’s conduct was settled for $30,000.00 in damages based upon allegations that Felsenfeld made unsuitable recommendations and misrepresentations of material fact in connection with the sale of real estate investment trusts and direct investment products when Felsenfeld was associated with H. Beck Inc. FINRA Arbitration No. 20-04152.
Felsenfeld is also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $22,000.00 in damages based upon allegations that Felsenfeld breached a contract, was negligent, made misrepresentations of material fact, and breached his fiduciary duties in connection with the sale of private placements when Felsenfeld was associated with Kingswood Capital Partners LLC. FINRA Arbitration No. 23-01987 (September 27, 2023).
On August 20, 2024, another customer filed an investment related complaint involving Felsenfeld’s conduct in which the customer requested $40,000.00 in damages based upon allegations that Felsenfeld made misrepresentations of material fact in connection with the sale of corporate bonds when Felsenfeld was associated with Kingswood Capital Partners LLC.
Felsenfeld is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested damages based upon allegations that Felsenfeld made misrepresentations of material fact in connection with the sale of corporate bonds when Felsenfeld was associated with Kingswood Capital Partners LLC. FINRA Arbitration No. 24-01371 (December 3, 2024).
Felsenfeld was associated with Kingswood Capital Partners LLC in Rockville, Maryland from June 15, 2018 to November 3, 2023, and associated with Kingswood Wealth Advisors LLC in Rockville, Maryland from October 18, 2017 to November 3, 2023. He has been associated with Ameriprise Financial Services LLC in Rockville, Maryland since October 16, 2023.
