Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Blake Martin (Martin), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Martin 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 July 07, 2022.
Customer alleged that in or around January 2022, at the recommendation of the Representative, the customer surrendered existing life insurance policies to purchase a new Northwestern Mutual fixed life insurance policy, and further alleged that this recommendation was not suitable for his needs. The new Northwestern Mutual life insurance policy was purchased with surrender proceeds solely from a non-Northwestern Mutual variable life insurance policy.