Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Conrado Santiago (Santiago), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Santiago 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 $18,000.00 on August 03, 2023.
The clients alleged the advisor did not follow instructions to modify insurance coverage and allowed their portfolio to decrease in value by not investing funds into a conservative annuity position.