Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Ashe (Ashe), previously associated with Ameriprise Financial Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Ashe 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 $798,000.00 on April 12, 2020.
The client alleged his advisor misrepresented a variable universal life insurance policy in the Summer 2015 regarding the death benefit payout to be received when the insured reached age 100.