Joseph Harold Sterling of Apple Valley Minnesota a stockbroker currently registered with Geneos Wealth Management Inc. is referenced in a customer initiated investment related arbitration claim in which the customer requested $177,000.00 in damages founded on allegations that stock trades recommended by Sterling failed to be suitable given the customer’s investor profile and (2) the customer sustained losses on a bad oil and gas investment because of Sterling’s activities at Geneos Wealth Management Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00867 (Apr. 1, 2019).
FINRA Public Disclosure reveals that Sterling is referenced in three additional customer initiated investment related disputes containing accusations of his violative conduct when he was employed by securities broker dealers including Geneos Wealth Management and SunAmerica Securities Inc. Specifically, a customer initiated investment related arbitration claim concerning Sterling’s activities was settled for $8,500.00 in damages supported by allegations that while Sterling was associated with SunAmerica, the customer’s account had been allocated in mutual funds which were wholly inappropriate and which caused the customer to experience undue market losses.
Sterling is the subject of a customer initiated investment related arbitration claim which was resolved for $172,000.00 in damages based upon accusations that while associated with Geneos Wealth management Inc., the direct investments and real estate securities that the stockbroker recommended failed to be appropriate for the customer given the customer’s objectives for investing, risk tolerance, or other investment circumstances. FINRA Arbitration No. 17-01685 (Mar. 23, 2018).
In addition, a customer initiated investment related arbitration claim regarding Sterling’s conduct was settled for $125,000.00 in damages founded on allegations that recommendations of real estate securities made by the stockbroker were unsuitable and led the customer to experience losses. FINRA Arbitration No. 17-01906 (May 21, 2018).
Sterling has been employed by Geneos Wealth Management Inc. since January 25, 2005.
