Kurt Stahl Allegedly Misrepresented Investments
Kurt Stahl (CRD# 1890827), an investment adviser registered with AE Wealth Management, misrepresented investments, according to investor disputes. MDF Law is investigating the Lakewood Ranch, Florida-based financial professional for similar conduct. If you have concerns about investments in your portfolio, call us for a free, confidential consultation.
To learn more about the disputes involving Mr. Stahl, continue reading this post. The information herein is based on a February 4, 2025 review of his BrokerCheck profile, a Financial Industry Regulatory Authority record. As this record reflects, he operates under the brand Gulf Coast Financial Planning.
Pending Dispute Seeks $1.75 Million
On November 20, 2024, an investor or party of investors lodged a dispute concerning Mr. Stahl. This claim alleges breach of fiduciary duty, negligence, misrepresentations and omissions of investments, breach of contract, and violation of the Florida Securities and Investor Protection Act. It stems from investments in fixed annuity, hedge fund, and equity products. The dispute, which is still pending, seeks $1.75 million in alleged damages.
Firm Settled 2018 Dispute
On June 14, 2018, another party of investors lodged a dispute involving Mr. Stahl. In this claim, they alleged that he misrepresented an investment in Security Benefit Secure Income Index Annuities. More specifically, the claim alleges that he stated the investment “would qualify as collateral to secure a bank loan.” When banks later rejected the annuities as collateral, the claim alleges, the investors surrendered the annuities, resulting in a surrender charge. His former member firm settled the dispute for $20,000.
Kurt Stahl Denies Allegations
A “Broker Statement” regarding the above-described settled dispute can be found on Mr. Stahl’s BrokerCheck profile. In this statement, he pushes back against the claimants’ allegations. Among other things, he asserts that he did not state that the claimants could use the annuities as collateral. “More than six months after their purchase of the annuities, when they told me that they were trying to purchase a property and wanted assistance in finding a lender, I attempted to help them as I would any client,” the statement reads. “The clients did not qualify for the investment property due to factors not relevant to the annuities.”
What Is Gulf Coast Financial Planning?
As his BrokerCheck profile reflects, Mr. Stahl is the president of Gulf Coast Financial Planning. That firm’s website includes a professional bio outlining his mission to help clients realize their goals. “With over three decades of experience, Kurt helps guide clients toward their retirement dreams by developing comprehensive, customized financial plans,” the bio reads. “Kurt is passionate about helping clients have sufficient income to cover their living expenses and fund their dreams for the rest of their lives, no matter what the markets do.”
FINRA: Broker Based in Lakewood Ranch, Florida
Mr. Stahl launched his career as a broker in 1988, the year he registered as a broker with Drexel Burnham Lambert. He left the firm in 1989, joining Smith Barney Harris Upham & Company. In 2014 he registered with Berthel Fisher & Company Financial Services, where he remained until 2017. After leaving Berthel Fisher, he registered with AE Wealth Management’s office in Lakewood Ranch, Florida, where he remains today.
MDF Law Advocates for Investors
If you lost money on investments recommended by Kurt Stahl, please contact MDF Law to discuss potential recovery options. Our dedicated attorneys have recovered more than $100 million for the victims of investment fraud. We provide free consultations across the United States and only receive a fee when clients recover losses. Call us at 800-767-8040 for a free consultation today.