Ameriprise Financial Services

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

February 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on April 04, 2023.

Rendered investment advice, from a location within Florida, without being registered by the Office.

There are Recent Customer Complaints with Broker Drew Peacock in Firm Ameriprise Financial Services, LLC

February 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Drew Peacock (Peacock), previously associated with Ameriprise Financial Services, LLC, has at least 5 disclosable events. These events include 5 customer complaints, alleging that Peacock 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 $132,163.68 on November 12, 2024.

The clients verbally alleged incorrect information was provided by the representative on bond purchases completed in january and february of 2023.

Broker Alfred Drouin in Ameriprise Financial Services, LLC Firm Has Customer Complaint

February 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alfred Drouin (Drouin), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Drouin 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 $20,001.75 on November 22, 2024.

The client alleged that requested allocation updates to three (3) of his advisory accounts were not completed when requested on February 22, 2024.

Broker Joyce Bloch in Ameriprise Financial Services, LLC Firm Has Customer Complaint

February 1, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on November 26, 2024.

Claimant alleges advisor recommended unsuitable investment of a fixed annuity

There are Recent Customer Complaints with Broker Angela Grabovsky in Firm Ameriprise Financial Services, LLC

January 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angela Grabovsky (Grabovsky), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Grabovsky 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 $42,508.07 on November 29, 2024.

The client alleged her advisor recommended a REIT investment that was unsuitable for her in 2014.

Ameriprise Financial Services, LLC Broker John Coble Has Customer Complaint

January 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Coble (Coble), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Coble 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 December 16, 2024.

The client alleged the advisor informed him that both he and his wife would receive lifetime income from his TransAmerica Life Insurance Company annuity in March 2008.

Ameriprise Financial Services, LLC Broker William Young Has Customer Complaint

January 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Young (Young), currently associated with Ameriprise Financial Services, llc, has at least 5 disclosable event. These events include 5 customer complaints, alleging that Young 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 $101,400.00 on January 02, 2025.

Clients claim Willian Young failed to conduct a reasonable due diligence on the GWG investment, the GWG investment was misrepresented to the clients, and the GWG investment was unsuitable for the clients in view of their financial situations and needs, investment objectives and risk tolerance for their account.

Ameriprise Financial Services, LLC Broker Eric Felsenfeld Has Customer Complaint

January 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Felsenfeld (Felsenfeld), currently associated with Ameriprise Financial Services, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Felsenfeld 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 $101,400.00 on January 02, 2025.

Clients claim Willian Young failed to conduct a reasonable due diligence on the GWG investment, the GWG investment was misrepresented to the clients, and the GWG investment was unsuitable for the clients in view of their financial situations and needs, investment objectives and risk tolerance for their account.

Advisor Nicholas Stamatis Has Structured Product Complaint

December 27, 2024 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that financial advisor Nicholas Stamatis (Stamatis), currently employed by Ameriprise Financial Services, LLC (Ameriprise) has been subject to at least one customer complaint during the course of his career. According to records kept by The Financial Industry Regulatory Authority (FINRA), Stamatis’s most recent customer complaint alleges that Stamatis recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

In April 2024 a customer complained that Stamatis violated the securities laws by alleging that Stamatis recommended unsuitable investments of variable annuities and structured notes. The claim alleges $80,000 in damages and is currently pending.

Structured products are a class of derivative products that derive their performance from market linked data. A structured product generally references a source against which market risk is taken. The source can be a single security, a basket of securities such as a market index, commodities, interest rates, or a real estate loan portfolio. The variety of products that can be structured demonstrates the difficulty in formulating a single unified definition of a structured product.

Eric Dupre Fired Over Misappropriation of Client Funds – Investor Recovery Options

November 16, 2024 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that advisor Eric Dupre (Dupre) has been accused by investors of engaging in fraudulent misappropriation of their funds. Higgins was terminated by his employer for engaging in undisclosed investment activities including undisclosed outside business activities (OBAs). According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Dupre was employed by Ameriprise Financial Services, LLC (Ameriprise) at the time of the activity. If you have been a victim of Dupre’s alleged misconduct our firm may be able to assist you in recovering funds.

In December 2023 Ameriprise terminated Dupre for cause alleging that the firm terminated Dupre due to violation of company policy related to borrowing from clients.

On May 23, 2024 a customer filed a complaint alleging that former advisor Dupre recommend that they invest in a “cryptocurrency opportunity”. However, it appears that Dupre did not invest the Claimants’ funds, but instead misappropriated the funds. Claimants allege that Dupre stole more than $2.6 million dollars from them. The dispute is currently pending.