Northwestern Mutual Investment Services Tag Archives

There are Recent Customer Complaints with Broker Nicholas Junta in Firm Northwestern Mutual Investment Services, LLC

April 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Junta (Junta), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Junta 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 $5,000.00 on July 21, 2020.

Upon the transfer of their assets from external institutions to an advisory platform with the Firm, a client alleged that the representative did not ask her permission, nor did he explain to her that he would rebalance her entire portfolio upon implementation of their advisory account. The client also alleged that the representative did not explain the resulting capital gains tax ramifications of the portfolio implementation and that it was not suitable.

There are Recent Customer Complaints with Broker Kyle Cunningham in Firm Northwestern Mutual Investment Services, LLC

April 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kyle Cunningham (Cunningham), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cunningham 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 $13,000.00 on August 12, 2020.

Customers allege that in or around April 2019 the representative advised them incorrectly regarding the tax consequences of a 401k rollover and backdoor Roth contributions which resulted in unexpected tax liabilities for the customers.

There are Recent Customer Complaints with Broker Ian Pierce in Firm Northwestern Mutual Investment Services, LLC

April 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ian Pierce (Pierce), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Pierce recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on January 29, 2026.

FINRA arbitration filed by five clients alleging representative solicited funds from clients, misappropriated those funds, and made numerous misrepresentations to clients regarding their policies, including falsifying documents, and impersonating employees of the broker-dealer, NMIS, FINRA, and legal counsel in written communication to customers.

Broker Corey Caron in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

April 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Corey Caron (Caron), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Caron recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on January 29, 2026.

Arbitration claimants contend that registered representative failed adequately to supervise a different individual accused of misappropriating from insurance customers.

Broker Brian Damasiewicz in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

April 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Damasiewicz (Damasiewicz), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Damasiewicz 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 $20,000.00 on February 23, 2026.

The clients have alleged that the Financial Advisor failed to reassess the suitablity of their portfolio of mutual funds as financial circumstances changed over time.

There are Recent Customer Complaints with Broker Matthew Cochran in Firm Northwestern Mutual Investment Services, LLC

March 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Cochran (Cochran), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cochran 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 $184,000.00 on March 02, 2021.

Customers allege that from March 2016 until at least April 17, 2017, Representative provided fraudulent and defective investment advice and made false representations and omissions of material facts in connection with the sale of securities sold away from and not sanctioned by Northwestern Mutual Investment Services, with the intent to deceive the customers and in breach of his fiduciary duty. Customers allege that they did not discover Representative’s fraud, deception and mismanagement of their accounts that resulted in a total loss of their investment of $184,000.00 until March 2018.

Broker John Skoog in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

February 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Skoog (Skoog), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Skoog 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 $5,000.00 on April 22, 2021.

Customers alleging settlement of their variable annuity to a fixed income plan was unsuitable.

Broker Scott Royal in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

February 12, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Royal (Royal), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Royal 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 $6,000,000.00 on June 22, 2021.

Customers alleging the representative provided them with unsuitable investment advice, that the representative breached his fiduciary duty and contract, that the funds held in the variable life insurance policies were not as they requested and, that the representative failed to follow instructions. The representative denies these allegations.

Broker Ryan Walterhoefer in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

February 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Walterhoefer (Walterhoefer), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Walterhoefer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 03, 2025.

Customers allege that variable annuities recommended to them in 2011 and 2021 were not adequately disclosed and were not suitable.

There are Recent Customer Complaints with Broker Scott Niekamp in Firm Northwestern Mutual Investment Services, LLC

January 11, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Niekamp (Niekamp), currently associated with Northwestern Mutual Investment Services, LLC, has at least 4 disclosable events. These events include one customer complaint, 3 regulatory events, alleging that Niekamp recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on February 23, 2023.

The California Insurance Commissioner found that the disciplinary actions taken by FINRA and the State of Missouri in June 2021 and August 2021 respectively, constitute grounds for the Commissioner to suspend the Representative’s California insurance license and licensing rights for seven days.