Steven Wallace Schmitt (CRD#4486457) and RAYMOND JAMES & ASSOCIATES, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Steven Wallace Schmitt (CRD#4486457) regarding allegations made regarding the following:

Claim(s) Made Against Steven Wallace Schmitt:

Claim Date: 12/18/2023

“Claimant alleged, inter alia, that the investments strategy executed in the client‘s account was unsuitable 2018-2022”

This claim, as of this posting, is currently Pending with a claim amount of $385,161.00 .

See more information on FINRA’s BrokerCheck site for Steven Wallace Schmitt.

Did you have a negative experience with Steven Wallace Schmitt?

Recovery can often depend on finding a lawyer that “specializes in securities complaints” as the SEC reminds investors. (See more information in our video, How to file a complaint against a Financial Advisor.) If you are a former customer of Steven Wallace Schmitt and RAYMOND JAMES & ASSOCIATES, INC. and have incurred investment losses, please contact the Securities Lawyers. You may be entitled to financial compensation, and we work on a contingency basis, meaning we only get paid if we recover your money. Please note that there may be time limits or statutes of limitations that apply to your claim, so it is important to act quickly and speak with an attorney as soon as possible.

Brokerage firms have the responsibility to oversee all representatives who are registered with their firm, including Steven Wallace Schmitt, and must ensure that they adhere to all securities rules, regulations, and internal policies. If a brokerage firm fails to do so, it may be held responsible for investment losses sustained by customers due to a lack of supervision.If you were a client of Steven Wallace Schmitt and RAYMOND JAMES & ASSOCIATES, INC. from PARAMUS, NJ, and experienced any issues or problems, the Securities Lawyers at Halling & Cayo, S.C. are interested in discussing the possibility of a claim with you. (A further explanation is here, My Financial Advisor lost my money, what now?.)

Contact The Securities Lawyers


Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.