Ameriprise Financial Services Tag Archives

Broker Richard Brende in Ameriprise Financial Services, LLC Firm Has Customer Complaint

December 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Brende (Brende), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brende 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 $10,228.04 on April 07, 2022.

The client alleged the advisor recommended an inappropriate closed end mutual fund in September of 2021.

There are Recent Customer Complaints with Broker Brent Makarczyk in Firm Ameriprise Financial Services, LLC

December 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brent Makarczyk (Makarczyk), currently associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Makarczyk 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 $414,500.00 on April 01, 2022.

Claimants allege that in around 2010, they were sold two unsuitable variable life insurance policies and a variable annuity.

Broker Mercedita Noland in Ameriprise Financial Services, LLC Firm Has Customer Complaint

November 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mercedita Noland (Noland), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Noland 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 $11,000.00 on April 11, 2022.

The customer alleges the mutual fund she purchased was high risk and not suitable for her situation. In addition, the customer alleges that though it was disclosed that an IRA to ROTH conversion would be a taxable event, the amount of taxes that would be due was not disclosed, nor did the RR refer the customer to a tax professional for advice prior to the conversion transaction.

There are Recent Customer Complaints with Broker Michael Lee in Firm Ameriprise Financial Services, LLC

November 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Lee (Lee), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lee 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 $150,000.00 on April 12, 2022.

Financial Advisors providing advice to retail investors are required to adhere to the SEC’s Regulation Best Interest (Reg BI). Reg BI applies a ‘best interest’ standard for broker-dealers and their associated people. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts. This standard applies when brokers make recommendations to retail customer for any securities transaction or investment strategy involving securities, including recommendations of types of accounts.

Broker Philip Pursino in Ameriprise Financial Services, INC. Firm Has Customer Complaint

November 27, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $350,000.00 on May 02, 2022.

The claimant asserted the following causes of action: breach of fiduciary duty; unsuitability; negligence; common law fraud; breach of contract; negligent supervision; and respondent superior. The causes of action relate to unspecified securities.

There are Recent Customer Complaints with Broker Anthony Salerno in Firm Ameriprise Financial Services, LLC

November 26, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Anthony Salerno (Salerno), currently employed by Ameriprise Financial Services, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Salerno’s most recent customer complaint alleges that Salerno recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $17,000.00 on May 09, 2022.

The client alleged the advisor purchased structured notes without authorization.

There are Recent Customer Complaints with Broker James Cavalier in Firm Ameriprise Financial Services, LLC

November 26, 2025 | by Staff Attorney

Previously financial advisor James Cavalier (Cavalier), previously employed by brokerage firm Ameriprise Financial Services, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $55,000.00 on May 10, 2022.

Client alleges his advisor made unsuitable investment recommendations in annuity products in 2013 and two REITs in 2014..

Broker William Carter in Ameriprise Financial Services, LLC Firm Has Customer Complaint

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Carter (Carter), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carter 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 $5,000.00 on May 19, 2022.

Clients alleged that an unnecessary delay by their advisor with respect to their request to liquidate their portfolio, including their advisory accounts, caused market losses.

Broker Scott Hagenbach in Ameriprise Financial Services, LLC Firm Has Customer Complaint

November 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Hagenbach (Hagenbach), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hagenbach 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 $5,000.00 on September 30, 2025.

The client alleged that previous distributions the advisor recommended in 2023 and 2024 from her variable annuity negatively impacted her future earnings and income potential.

There are Recent Customer Complaints with Broker Charles Smith in Firm Ameriprise Financial Services, LLC

November 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Smith (Smith), currently associated with Ameriprise Financial Services, LLC, 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 $18,461.00 on October 03, 2025.

The client alleged the advisor promised reimbursement for any losses incurred from a May 2022 mutual fund purchase.