Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Bisping (Bisping), currently associated with Farmers Financial Solutions, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bisping recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $101,091.48 on February 10, 2026.
Customer purchased a fixed and a variable annuity in 2014 and selected the Asset Transfer Program on both contracts. The Accounts had a change of RR in 2023 and subsequently the new RR and the customer discussed and exercised the option to exit the Asset Transfer Program and enter a more balanced strategy. This resulted in a decreased benefit base value on both policies. The customer claims that they were negatively impacted by the exercise and wants compensation for the lost revenue.