Complaints Against Stephen Mattocks of SagePoint Financial for REIT Sales

FINRA has revealed that financial advisor Stephen Mattocks of SagePoint Financial in Wichita, Kansas, has been the subject of a customer complaint which was made in June 2025. The complaint was regarding an allegedly unsuitable REIT that was recommended in 2019. REITs are “real estate investment trusts”, which pool investor money into acquiring various real estate properties. Another customer allegedly complained about a REIT investment in 2024 to Mattocks’ former brokerage firm, SagePoint Financial, but SagePoint denied the complaint. If you lost money with this advisor, you may have recovery options.

About Stephen Mattocks

Stephen Mattocks was licensed with SagePoint Financial from 2005 to September 2023. Since then, Mattocks has been affiliated with Osaic Wealth. He works in a Wichita, Kansas office and was also the subject of two other customer complaints, in 2004 and 2005 respectively, both of which were denied.

Potential Liability of SagePoint Financial for Customer Losses

Securities like REITs that are recommended by financial advisors are subject to suitability standards. The investment must be suitable for the investor, considering their age, risk tolerance, investment objectives, financial resources, and other factors. The firm can be responsible for investor losses if the investment was unsuitable for that particular investor.

How We Can Help You Recover Money

Our firm has recovered millions of dollars for wronged investors across the country. We have brought FINRA Arbitration claims against a wide range of brokerage firms.

We offer free case evaluations, and if we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you.

See Stephen Mattocks BrokerCheck Report here

Contact Us for a Free Consultation

If you lost money investing with Stephen Mattocks or SagePoint Financial, you may be entitled to compensation.

Call us at (206) 795-5798 or (720) 599-3505
Visit our website to learn more and schedule your free consultation

Client Reviews

What are past clients saying about Israels & Neuman, PLC?

Submit a Law Firm Client Review

Aaron Israels was diligent, professional, knowledgeable and extremely thorough. My legal ordeal was quite cumbersome but Aaron was present, willing and ready to go the extra mile for me. I HIGHLY RECOMMEND, Israels and Neuman, PLLC for...

Kay H.

I have worked with many attorneys over the course of my career in both large and small businesses. Dave and Aaron are an outstanding legal team. I used Dave and Aaron for a personal situation that called for a hands on detailed approach. I found...

Fred S.

Aaron created our wills and offered solutions that made the process easy and pain free. We recently needed to amend our wills, and he made suggestions that made a better distribution that we had not thought of prior to meeting with him. He was...

Debra K.

I have worked with Aaron Israels for over eight years and can confidently say that he is the most honest and hard-working attorney I know. He not only gets results, but he also genuinely cares about his clients and colleagues. If you have a...

Tony E.

Mr. Aaron Israels set up our business by listening to us and creating a structure legal structure that was exactly what we wanted and needed. All of the work was set up in a binder for easy access to all information along with clear instructions...

Tom K.

Are You a Victim of Investment Fraud?

1 Free Confidential Consultation

2 Available 24/7

3 35+ Years of Experience

(720) 599-3505

Leave Us a Message