Shimshon Plotkin, with Independent Financial Group, Subject of Ten Complaints

CHEVY CHASE, MARYLAND Did you have investments with financial advisor Shimshon Plotkin, who has been an advisor with Independent Financial Group in Chevy Chase, Maryland? Israels & Neuman is examining allegations made by customers of Shimshon Plotkin.

Shimshon “Shim” Plotkin had been a representative of Independent Financial Group from October 2011 to the present, and he also runs Plotkin Financial Advisors in Chevy Chase, Maryland. Plotkin has been the subject of ten customer complaints, one of which was filed in January 2023. The most recent complaint alleges that Plotkin made unsuitable investment recommendations to a customer, now deceased, and the beneficiary of the estate is making claims against Independent Financial Group. The investments at issue are private placements or limited partnerships, according to BrokerCheck.

As a licensed stockbroker, Shim Plotkin must follow FINRA rules, including FINRA’s suitability rule, Rule 2111. Firms like Independent Financial Group also are required to adequately monitor the conduct of their advisors. Violations of these rules can lead to financial liability for the broker or firm.

Our law firm represent investors in FINRA arbitration proceedings all over the country, including in Maryland. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View Plotkin, s BrokerCheck 3.13.23

If you lost money with Shimshon Plotkin or Independent Financial Group, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.