Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jennifer Marcontell (Marcontell), currently associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Marcontell 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 $250,000.00 on July 06, 2022.
The client alleges the financial advisor recommended a Net Unrealized Appreciation (NUA) strategy which was not properly executed and resulted in a higher than anticipated tax liability.