Northwestern Mutual Investment Services Tag Archives

There are Recent Customer Complaints with Broker Cooper Carden in Firm Northwestern Mutual Investment Services, LLC

August 20, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 18, 2026.

Client alleged that the signature on the Term Conversion form was not his and that he did not recognize or review the document. The firm rescinded the non-variable insurance policy.

There are Recent Customer Complaints with Broker Adam Heath in Firm Northwestern Mutual Investment Services, LLC

July 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adam Heath (Heath), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Heath 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 $32,021.81 on March 16, 2020.

Representative allegedly failed to follow the customer’s instructions to liquidate his account which resulted in a loss of value in the customer’s account.

Broker Nicholas Junta in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

July 7, 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 2 disclosable events. These events include 2 customer complaints, 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 James Exley in Firm Northwestern Mutual Investment Services, LLC

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Exley (Exley), previously associated with Northwestern Mutual Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Exley 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 $40,050.00 on April 16, 2020.

There are Recent Customer Complaints with Broker Timothy Molnar in Firm Northwestern Mutual Investment Services, LLC

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Molnar (Molnar), currently associated with Northwestern Mutual Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Molnar 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 15, 2020.

Customer alleged the representative’s advice and actions caused a variable annuity that the customer owned through Minnesota Life Insurance Company/Securian Financial to lose value, and that representative did not adequately fulfill his responsibilities to her and provided her with incorrect information about the effect of taking withdrawals (which occurred in late 2012, early 2013) from the variable annuity.

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

July 1, 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 2 disclosable events. These events include 2 customer complaints, 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.

Broker Cooper Carden in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

June 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 20, 2026.

Allegation: Client alleged that the signature on the dividend option request form was not his and that he has never seen or reviewed the document.

There are Recent Customer Complaints with Broker Brian Damasiewicz in Firm Northwestern Mutual Investment Services, LLC

June 19, 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 $10,000.00 on February 27, 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.

Broker Diego Bacellar in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Diego Bacellar (Bacellar), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bacellar 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 $80,000.00 on April 10, 2026.

A client alleged that he gave funds directly to the registered representative for an investment not associated with the firm. The client further alleged that the registered representative represented he would receive monthly payments and the return of principal and interest. The client also alleged that the registered representative misrepresented two non-variable life insurance policies.

There are Recent Customer Complaints with Broker Adam Fort in Firm Northwestern Mutual Investment Services, LLC

May 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adam Fort (Fort), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fort 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 $5,365.83 on March 17, 2026.

Customer alleges that the representative did not provide all information necessary to make an informed decision regarding a variable annuity, resulting in an unsuitable recommendation.