Houston Stockbroker Samuel Frankfort Suspended by FINRA Amid Rockefeller Financial Dispute

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Navigating the world of financial investments can be a daunting task, even for the most seasoned investors. While financial advisors are there to guide your investment journey, it’s crucial to be aware of potential red flags that may indicate misconduct. Today, we focus on Samuel David Frankfort, a stockbroker whose case highlights the significance of vigilance in selecting a financial advisor.

Understanding the Case of Samuel Frankfort

Samuel David Frankfort, a once-prominent financial advisor in Houston, TX, has recently faced significant scrutiny. Registered under CRD number 2773755, Frankfort’s career spans several reputable firms, including Goldman Sachs and Deutsche Bank. However, his professional trajectory took a downturn, culminating in an indefinite suspension by FINRA.

Current Status: Suspended indefinitely Most Recent Employer: Corient — Partner, Wealth Advisor (Houston, TX)

Prior Firms: Rockefeller Financial LLC, Raymond James & Associates, Deutsche Bank Securities Inc., and others

Red Flags to Watch Out For

Investors should be alert to certain warning signs when assessing the reliability of a financial advisor. In the case of Samuel Frankfort, several red flags were evident:

  • Suspension by FINRA: This is a critical indicator of potential misconduct. Frankfort’s suspension was due to failure to comply with an arbitration award, a serious breach of trust.
  • Pending Customer Disputes: A pending FINRA arbitration filed in July 2025 seeks damages between $500,000-$1,000,000 related to complex products. This underscores the importance of transparency and integrity in financial dealings.
  • Failure to Repay Loans: Frankfort was ordered to pay his former employer, Rockefeller Financial, over $1.9 million, yet failed to comply. Such financial irresponsibility is a major concern for any investor.

Allegations of Broker Misconduct

Frankfort’s professional conduct has been questioned on multiple fronts:

  • Unsuitability: Allegations that Frankfort did not act in the best interests of his clients highlight a breach of the SEC’s Regulation Best Interest (Reg BI, Rule 15l-1).
  • Know-Your-Customer Failures: Proper diligence is essential in tailoring investment advice to individual client needs. A lack of due diligence can lead to unsuitable investment recommendations.

How to Protect Your Investments

Investors should conduct thorough research before entrusting their assets to a financial advisor. Here are some steps to consider:

  • Check Background: Utilize tools such as FINRA’s BrokerCheck to review an advisor’s history and any disciplinary actions.
  • Ask Questions: Don’t hesitate to ask potential advisors about their experience, investment strategies, and any prior complaints or disputes.
  • Seek Legal Advice: If you suspect misconduct, consulting with a securities lawyer can provide clarity and potential avenues for recovery.

Complaints and Legal Recourse

If you have experienced financial losses due to Samuel D. Frankfort’s actions, it’s vital to act swiftly. A pending FINRA arbitration (Case No. 25-01360) indicates that you are not alone in your grievances. Legal representation can help navigate the complexities of investment disputes.

Haselkorn & Thibaut offer experienced legal counsel for those seeking to recover investment losses. They provide representation to investors nationwide and operate on a contingent fee basis. Call 1-888-994-8066 for a free consultation to discuss your case and explore your options for recovery.

Why Choose Haselkorn & Thibaut?

With offices strategically located to serve clients nationwide, Haselkorn & Thibaut have garnered a reputation for excellence in securities law. Their expertise in handling cases of broker misconduct ensures personalized and effective service for each client.

  • Experienced Team: Specializing in stockbroker and investment fraud, the team is well-versed in navigating complex financial disputes.
  • Nationwide Representation: Regardless of your location, they are equipped to provide comprehensive legal support.
  • Contingency Fee Structure: You pay no legal fees unless they successfully recover your losses.

Conclusion

Investing your hard-earned money should be a journey towards financial growth and stability. However, the case of Samuel Frankfort serves as a reminder of the potential pitfalls in this journey. By staying informed and vigilant, you can protect your investments from fraud and misconduct.

If you’ve been affected by the actions of Samuel D. Frankfort or any other financial advisor, don’t hesitate to seek professional advice. Contact Haselkorn & Thibaut at 1-888-994-8066 for a complimentary consultation and take the first step towards recovering your investment losses.

Remember, your financial future is too important to leave to chance. Stay informed, ask questions, and choose your financial advisors wisely.

Disclaimer: The information contained in any post on this website is derived from publicly available sources and is not guaranteed as to accuracy and often involves allegations which may or may not be proven at some point in the future. All posts are believed to be accurate as of the time of original posting, but the accuracy and details are subject to and expected to change over time and which may contain opinions of the author at the time posted.
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