Robert Edward Bortz Jr. of Waukesha, Wisconsin, a stockbroker registered with Equitable Advisors LLC (formerly known as AXA Advisors LLC), was the subject of a customer initiated investment related complaint that was settled on February 28, 2022, for $49,181.81 in damages based upon allegations that Bortz made omissions of material fact in connection with the recommendation and sale of variable annuities when Bortz was associated with Equitable Advisors LLC.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Bortz is referenced in three customer initiated investment related disputes concerning Bortz’s conduct while associated with securities broker dealers. On December 7, 2004, a customer filed an investment related complaint involving Bortz’s conduct in which the customer requested $27,504.00 in damages based upon allegations that Bortz withdrew customer funds without authorization when Bortz was associated with Lincoln Financial Advisors.
On September 4, 2007, a customer initiated investment related civil action involving Bortz’s conduct was settled for $40,859.00 in damages based upon allegations that Bortz made misrepresentations of material fact in connection with the sale of investments. Civil Action No. 04C4966.
Bortz was also referenced in a complaint filed on July 25, 2014, in which the customer requested compensation resulting from Bortz’s representations of guarantees on variable annuities sold to the customer when Bortz was associated with AXA Advisors LLC.
Bortz was associated with AXA Advisors LLC in Waukesha, Wisconsin, as a stockbroker and investment adviser representative from August of 2008 to June of 2020, and was associated with AXA Advisors LLC as an investment adviser representative from August of 2008 to June of 2020.
Bortz has been associated with Ameriprise Financial Services LLC in Oconomowoc, Wisconsin, as a stockbroker and investment adviser representative since May 19, 2020.
