Haselkorn & Thibaut has opened an investigation into Stamford, Connecticut advisor Ron Smith (CRD# 6038062), a financial professional recently barred by FINRA following his tenure at Spartan Capital and currently listed with Sanford C. Bernstein & Company and AllianceBernstein.
Who is Ron Smith?
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Ron Smith is a financial advisor with 12 years of experience in the securities industry. His recent employment has been with Sanford C. Bernstein & Company as a broker and AllianceBernstein as an investment advisor. Previously, he worked at Spartan Capital Securities, a firm where he came under regulatory scrutiny. His career path and professional affiliations are publicly accessible via FINRA BrokerCheck.
Recent Regulatory Action: FINRA Bar
On November 2025, FINRA issued a Letter of Acceptance, Waiver, and Consent (AWC) regarding Ron Smith. The action stemmed from suspicions of potential excessive trading of customer accounts at his previous firm, Spartan Capital. FINRA Rule 8210 allows the regulator to request documentation—and requires members to comply fully and promptly.
While Ron Smith did submit a partial response when requested to provide his records and electronic communications, he failed to deliver all requested documents. Through his counsel, he later communicated that he would not comply with the outstanding requests. FINRA determined this to be a violation of Rule 8210 and Rule 2010. The result: Ron Smith was barred from associating with any FINRA member firm.
What Does a FINRA Bar Mean for Investors?
- Loss of Ability to Work in Securities: A FINRA bar means the advisor cannot act as a broker or be associated with any FINRA-regulated firm.
- Potential Impact on Existing Investors: If you have worked with Ron Smith, your investments or accounts may be affected, especially if his advisory or broker roles were central to your portfolio strategy.
- Red Flag for Excessive Trading (Churning): The original investigation focused on excessive trading—a practice that can generate high commissions for the broker but often causes significant client losses.
Summary Table: Ron Smith – Key Profile Details
| Detail | Information |
|---|---|
| Full Name / CRD | Ron Smith / 6038062 |
| Location | Stamford, Connecticut |
| Current Broker-Dealer | Sanford C. Bernstein & Company (barred as broker) |
| Investment Advisor Role | AllianceBernstein |
| Former Employer(s) | Spartan Capital Securities |
| FINRA Disciplinary Status | Barred (2025) |
| Years of Experience | 12 |
Publicly-Available Disclosures: What the Records Show
As of the most recent records search, there are no formal customer complaints, lawsuits, or regulatory findings related to investor harm naming Ron Smith at this time. Here’s how this was determined:
- FINRA BrokerCheck: No reported customer complaints, lawsuits, or financial disclosures. Regulatory disclosure limited to the recent FINRA bar for failure to cooperate.
- SEC Orders/Enforcement (EDGAR): No enforcement actions or SEC litigation naming Ron Smith.
- State Regulators: No disciplinary actions reported in any state of registration, including Connecticut.
- PACER (Federal Courts): No pending federal lawsuits or judgments listed for Ron Smith.
- Media and Legal Databases: No major news, regulatory probes, or other public allegations apart from the FINRA bar.
Should You Be Concerned?
While there are currently no client complaints reported against Ron Smith, the nature of the FINRA bar itself is a clear red flag worth investigating. A regulatory bar—especially for failing to cooperate during an inquiry into possible excessive trading—can have important implications. Investors who have worked with Ron Smith while he was at Spartan Capital, or currently at Sanford C. Bernstein or AllianceBernstein, should carefully review their portfolios and account statements for unusual trading activity or unexpected losses. Even in the absence of reported client complaints, regulatory non-cooperation can be a critical risk sign.
What Should Investors Do Next?
If you have concerns about your accounts or believe you may have experienced improper trading or other misconduct by Ron Smith, you have legal rights and options. Even if you are unsure, it can be beneficial to discuss your situation with attorneys who specialize in investment disputes—especially one with extensive securities experience.
- Gather your account statements and correspondence for review.
- Document any investment decisions or instructions that seemed unclear or were not followed.
- Reach out for a free, confidential consultation. There is no cost or obligation to speak with a law firm about your potential case.
About Haselkorn & Thibaut
Haselkorn & Thibaut (investmentfraudlawyers.com) is a national securities fraud law firm with over 50 years of experience, a 98% success rate, and millions recovered for investors. The firm operates on a no recovery, no fee basis. If you have questions about Ron Smith (CRD# 6038062), Sanford C. Bernstein & Company, or any concerns related to alleged excessive trading or other investment losses, don’t hesitate to contact our team.
To receive a straightforward, confidential consultation at no cost, call 1-888-994-8066 today. Even if you are unsure whether you have a claim, speaking to a professional may help you recover losses or gain clarity about your investment options.
