Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrea Klipfel (Klipfel), currently associated with J.w. Cole Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Klipfel recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on July 12, 2023.
Claim filed by the successor trustee of the (now deceased) client’s trust. Statement of Claim alleges representatives violated Regulation Best Interest and liquidated a conservative, low risk portfolio to purchase highly speculative, risky mutual funds with high front-end sales charges.