Reg BI

Broker Jeffrey Dvorak in Principal Securities, INC. Firm Has Customer Complaint

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Dvorak (Dvorak), currently associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Dvorak recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $85,166.66 on April 23, 2020.

Client alleges she took an unsuitable early distribution from her IRA account in August 2016 at the advice of her registered representative.

There are Recent Customer Complaints with Broker Shirley Washam in Firm Ameriprise Financial Services, LLC

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shirley Washam (Washam), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Washam recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $71,375.65 on April 20, 2020.

Client alleges unauthorized sale of an annuity. Allegation Activity Dates: 3/21/2019 – 4/20/2020.

Broker Thomas Smith in Valic Financial Advisors, INC. Firm Has Customer Complaint

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Smith (Smith), currently associated with Valic Financial Advisors, INC., has at least one disclosable event. These events include one customer complaint, alleging that Smith recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $20,677.12 on April 20, 2020.

Client alleges she met with advisor on February 19th and requested he change her account allocations. Client further alleges this requested change was not made until February 25th causing her to incur losses.

There are Recent Customer Complaints with Broker John Arensdorf in Firm Wells Fargo Advisors Financial Network, LLC

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Arensdorf (Arensdorf), currently associated with Wells Fargo Advisors Financial Network, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Arensdorf recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 21, 2020.

Client complained that the financial advisor did not sell as instructed. (4/16/2020-4/21/2020)

Broker David Bittermann in Oppenheimer & CO. INC. Firm Has Customer Complaint

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Bittermann (Bittermann), currently associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Bittermann recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 20, 2020.

Client alleges investments were not fully explained and were unsuitable between November 2012 and March 2020

There are Recent Customer Complaints with Broker David Waters in Firm Cetera Advisors LLC

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Waters (Waters), currently associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Waters recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $10,000.00 on April 21, 2020.

Misrepresentation and unauthorized trades which resulted in a decline of the portfolio value.

There are Recent Customer Complaints with Broker Gregory Aest in Firm Ameriprise Financial Services, INC.

May 9, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Aest (Aest), previously associated with Ameriprise Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Aest recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $200,000.00 on April 29, 2020.

Unsuitable recommendations, failure to supervise and failure to conduct proper due diligence.

There are Recent Customer Complaints with Broker Vicente Del Rio in Firm UBS Financial Services INC.

May 9, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vicente Del Rio (Del Rio), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Del Rio recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,000,000.00 on April 28, 2020.

Former client claims that from August 2016 to September 2017 registered representatives made unsuitable recommendations in connection with his trust account. Client filed a Florida state court action that was dismissed with prejudice. Client has now filed a similar FINRA arbitration.

There are Recent Customer Complaints with Broker Peter Hickman in Firm Bankers Life Securities, INC.

May 9, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Hickman (Hickman), currently associated with Bankers Life Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hickman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $16,295.00 on April 28, 2020.

In a verbal complaint received by Bankers Life Securities, Inc. (BLS) on April 29, 2020, complainant alleged that her financial representative failed to properly honor her request to transfer funds within her Jackson National Variable Annuity sub account to a money market fund. Rather than transferring existing funds, the financial representative instead applied the change only to future allocations. Neither the financial representative nor the complainant realized the error until complainant received her quarterly statement where she noticed her account had decreased in the amount of $16,295.76. The financial representative corrected the allocation and BLS settled the matter with the complainant based on the specific instructions received from the client that were not implemented directly resulting in financial loss to the complainant.

There are Recent Customer Complaints with Broker Nathaniel Donohue in Firm Northwestern Mutual Investment Services, LLC

May 9, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nathaniel Donohue (Donohue), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Donohue recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $40,000.00 on April 30, 2020.

A client alleged he told the representative that he wanted a conservative, low-risk vehicle to invest some of his money. The client further alleged the representative indicated the client could receive a small return with no risk in a 6 month short term bond. The client invested and lost $40,000 of his investment due to market fluctuation and is requesting to recoup losses as he expected his money to be in a conservative, low interest vehicle.