Articles Tagged with Nylife Securities LLC

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kathy Moritz (Moritz), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Moritz 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 $62,617.98 on June 02, 2022.

The customer expressed concerns regarding the rollover of her 403b funds into a qualified fixed annuity in April 2021. The customer alleged she was advised the rollover of her 403b funds would be into a traditional IRA and that she had no knowledge of an annuity product. She alleged she was unaware she could not allocate funds as desired and the policy had liquidity limitations and could not be surrendered. The customer requested that her premium be returned in full.

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

FINRA BrokerCheck shows a settled customer complaint on July 01, 2022.

Customers allege the two separate Variable Annuity policies they purchased in January 2021 and February 2021, respectively, were understood to provide a guarantee of the principal for a one-time fee, however they now allege this understanding was incorrect.

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

FINRA BrokerCheck shows a settled customer complaint on July 06, 2022.

Customer alleges the Variable Annuity policy he purchased in June 2021 was originally understood to provide a promotional fixed rate, however he states that he was not made aware of the conditions of the promotion at the time of sale that resulted in his not receiving the promotional fixed rate.

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

FINRA BrokerCheck shows a settled customer complaint on July 29, 2022.

Customer alleges the Variable Universal Life insurance policy he purchased in August 2021 was originally understood to be an investment growth account that would allow for withdrawals without any fees.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Vandalen (Vandalen), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Vandalen 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 $40,085.58 on August 10, 2022.

Customers allege that on or about February 3, 2022, a mutual fund transaction was completed without their knowledge resulting in a loss of $46,085.58.

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

FINRA BrokerCheck shows a settled customer complaint on August 13, 2022.

Customer alleges the two separate annuity policies he purchased in May 2022 were issued as variable annuity policies, however he had originally understood these to be issued as fixed rate policies with a specific interest rate.

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

FINRA BrokerCheck shows a settled customer complaint on August 17, 2022.

Customer alleges that she was misled during the sale of a variable annuity purchased in September 2021.

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

FINRA BrokerCheck shows a settled customer complaint on August 17, 2022.

Customer alleges that the recommendation to purchase a variable annuity in January 2022 was not consistent with her financial goal.

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

FINRA BrokerCheck shows a settled customer complaint on October 07, 2022.

Customer alleged that she was misled when she purchase a variable annuity in May 2022. She alleges that she though she was just transferring her share from her deceased fathers account. Customer seeks release from the variable annuity without penalty.

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

FINRA BrokerCheck shows a settled customer complaint on October 11, 2022.

The policyowner alleges that when he purchased a variable annuity in June 2021 it was with the understanding he would receive 4% interest with the investment preservation rider included. The policyowner stated he has recently learned that the rider was not included with the policy and he is requesting that it be added at this time.

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