Investor Alert: Pending Complaints Filed Against Salvadore Robert Salvo – May Recover Investor Losses
Pending Complaints Filed Against Salvadore Robert Salvo – May Recover Investor Losses.
Salvadore Robert Salvo
CRD#: 409637
Goodman & Nekvasil, P.A. Investigates Allegations Involving Broker Sal Salvo.
Investor Alert: Pending Complaints Filed Against Salvadore Robert Salvo – Investors May Recover Losses
Salvadore Robert Salvo (CRD #409637), a broker registered with Purshe Kaplan Sterling Investments and investment adviser with Summit Financial, LLC, currently faces two pending customer disputes according to his FINRA BrokerCheck record. In the first complaint, filed July 2, 2025, a client alleges Sal Salvo and his advisory team failed to uphold their fiduciary responsibilities by mishandling an account transfer, including not notifying the client of positions that could not be transferred in-kind, with claimed damages of $508,000.
In the second complaint, filed August 6, 2025, claimants allege Salvo was negligent, breached fiduciary duty and contractual obligations, and made misrepresentations by referring clients to a third-party captive insurance company that later failed, with alleged damages of $784,000. Investors who worked with Salvadore R. Salvo and believe they may have suffered losses due to unsuitable recommendations, transfer errors, or misleading referrals are encouraged to contact Goodman & Nekvasil, P.A. for a free review of their case and potential recovery options.
Pending Complaints Filed Against Salvadore Robert Salvo – May Recover Investor Losses
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 9/25/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.