Haselkorn & Thibaut, a national investment fraud law firm, has opened an investigation into Park City, Utah financial advisor Glen Mintz (CRD# 2189984) following recent investor complaints alleging significant financial losses. With over 50 years of experience and a 98% success rate, the firm is examining potential claims related to unsuitable investment recommendations and portfolio management concerns.
Understanding the Recent Investor Complaint Against Glen Mintz
Table of Contents
A substantial investor complaint filed in June 2025 raises important questions about investment practices at NewEdge Securities. The complaint alleges damages of $869,638, claiming that Mr. Mintz failed to follow client objectives and risk tolerance parameters. The investor’s concerns centered on several key areas that warrant careful examination:
- Unsuitable investment recommendations that didn’t align with the client’s financial goals
- Over-concentration in high-risk equities beyond appropriate allocation levels
- Alleged breach of fiduciary duty in managing client assets
- Failure to adhere to stated risk tolerance guidelines
While the complaint was closed with no action taken, investors with similar experiences may want to understand their rights and options. The substantial dollar amount alleged suggests this wasn’t a minor portfolio management disagreement, but rather a significant concern about investment strategy implementation.
Examining Glen Mintz’s Professional Background at NewEdge Securities
Glen Mintz brings 33 years of securities industry experience to his current role at NewEdge Securities and New Edge Wealth, where he has been registered since 2021. His extensive background includes registrations with several major financial institutions:
| Firm | Registration Period | Notable Information |
|---|---|---|
| NewEdge Securities | 2021 – Present | Current registration |
| UBS Financial Services | Prior to 2021 | Terminated with disclosed reasons |
| Bear Stearns & Company | Historical | Previous registration |
His professional qualifications include passing four securities industry examinations and maintaining 31 state licenses, demonstrating broad regulatory compliance across multiple jurisdictions.
Red Flags: The UBS Termination Disclosure
A significant disclosure on Mr. Mintz’s regulatory record involves his 2021 termination from UBS Financial Services. The firm cited “loss of confidence” following alleged failures to comply with management directives and what they characterized as “an ongoing disregard for firm standards” regarding email use and mandatory training requirements.
This termination disclosure raises several considerations for investors:
- Compliance concerns at a major financial institution
- Management relationship issues that led to employment termination
- Disputes about firm standards and operational procedures
Mr. Mintz has disputed these allegations, stating he “denies engaging in conduct that would reasonably have caused UBS to have a ‘loss of confidence’ in his ability to continue in his role.” However, investors should be aware that employment terminations with disclosed reasons represent important information when evaluating a financial advisor.
Investment Strategy Defense and Market Conditions
In response to the investor complaint, a comment in Mr. Mintz’s disclosure defends his investment approach. The defense emphasizes that the client was invested in a strategy consistently focused on small- and mid-cap equities, with performance impacts attributed to “broader market conditions” and the exclusion of certain sectors that recently drove benchmark returns.
This explanation highlights important considerations for investors:
- Strategy consistency doesn’t always equal suitability for individual investors
- Market conditions can significantly impact concentrated portfolios
- Sector exclusions may lead to underperformance relative to benchmarks
- Risk disclosure and client understanding remain paramount
What This Means for Current and Former Clients
If you’ve experienced similar concerns with your investments, understanding your rights is crucial. Investment losses, particularly those approaching six figures, deserve careful examination to determine whether:
- Your investment objectives were properly documented and followed
- The risk level of your portfolio matched your stated tolerance
- You received adequate disclosure about concentration risks
- Your advisor fulfilled their fiduciary obligations
Haselkorn & Thibaut’s investigation focuses on helping investors understand whether they may have valid claims. With millions recovered for clients and a no recovery, no fee structure, the firm provides experienced representation in securities fraud matters.
Taking Action: Free Consultation Available
Investment losses can be devastating, especially when they result from potential advisor misconduct or unsuitable recommendations. If you’ve worked with Glen Mintz at NewEdge Securities or any of his previous firms and experienced concerning losses, you deserve answers.
Haselkorn & Thibaut offers free, confidential consultations to help investors understand their options. The firm’s national reach and decades of experience in investment fraud cases provide clients with knowledgeable guidance during difficult financial situations.
Don’t wait to explore your options. Contact Haselkorn & Thibaut today at 1-888-885-7162 for your free consultation. With their 98% success rate and commitment to investor protection, you can trust their team to provide honest, professional guidance about your potential claim. Remember, there’s no fee unless they recover funds for you.
