Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Bausman (Bausman), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bausman 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 $8,260.42 on October 30, 2020.
Claimants allege that from October 2015 to November 2018, Respondents recommended and placed Claimants in a monthly fee-based managed account that was not suitable for Claimants; and failed to recommend and place Claimants in commission-based brokerage account. Claimants seek $8,260.42 in management and investment advisory fees.