Nylife Securities LLC

There are Recent Customer Complaints with Broker Nichole Wall in Firm Nylife Securities LLC

October 14, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 25, 2025.

The customers allege that they were misled when they purchased variable life insurance policies purchased in June 2020.

There are Recent Customer Complaints with Broker Harry Schaffer in Firm Nylife Securities LLC

October 14, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 22, 2025.

Customer alleged the Income Annuity she purchased in September 2024 using funds from a previous investment was not based on sound financial judgment and resulted in a tax consequence.

There are Recent Customer Complaints with Broker Baron Jacobs in Firm Nylife Securities LLC

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Baron Jacobs (Jacobs), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jacobs 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 $211,122.62 on October 20, 2022.

The customer alleged that her Registered Representative misquoted the proposed annuity payments she would receive when she purchased a fixed annuity in June 2022.

There are Recent Customer Complaints with Broker Rolando Perez in Firm Nylife Securities LLC

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rolando Perez (Perez), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Perez 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 $140,000.00 on October 24, 2022.

Claimant approaced defendent in March or April 2021 to help ascertain funding for company. Defendant introduced claimant to a bank to secure a line of credit. Around 7/6/2021 claimant wired $280,000 to bank. Unable to obtain the line of credit and other funding, the defendant requested funds on 6/28/2022. $140,000 was repaid on 7/16/2022. The balance was not paid by the due date of 8/30/2022. Claimant is suing for amount plus costs and damages.

There are Recent Customer Complaints with Broker Theodore Hawrylak in Firm Nylife Securities LLC

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Theodore Hawrylak (Hawrylak), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hawrylak 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 $5,896.32 on October 25, 2022.

Customer alleges that she would not have purchased a Variable Annuity in February 2021 if she had been aware of the surrender period and surrender charge. Customer seeks a refund of premiums paid without surrender charges.

Broker Adam Herzing in Nylife Securities LLC Firm Has Customer Complaint

October 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 02, 2022.

Customer alleges that she was promised the funds from the sale of her stock would be secure and not at risk. Customer has requested the reversal of a variable annuity purchased on 12/30/2021.

Broker Anthony Cipolla in Nylife Securities LLC Firm Has Customer Complaint

October 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Cipolla (Cipolla), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cipolla 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 $270,618.00 on November 01, 2022.

Client alleges that investment account was not managed in the way it was agreed upon.

There are Recent Customer Complaints with Broker Nicholas Paolicelli in Firm Nylife Securities LLC

October 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Paolicelli (Paolicelli), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Paolicelli 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 $8,304.25 on November 09, 2022.

The customer alleges, due to misinformation provided by the RR, she only became aware after making a partial withdrawal from her variable annuity policy in August 2022, that it would result in a taxable event. The customer has requested that the transaction be reversed and the money returned to the policy to avoid taxes, penalties and surrender charges.

There are Recent Customer Complaints with Broker Margarita Flores in Firm Nylife Securities LLC

October 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Margarita Flores (Flores), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Flores 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 $100,000.00 on November 28, 2022.

Customer alleges that he was not informed of fees, taxes and charges related to his additional investment into an existing variable universal insurance policy in November 2022. Customer has requested the cancellation of the additional investment and the return of his funds without penalty or fees.

There are Recent Customer Complaints with Broker Chuling Hsiao in Firm Nylife Securities LLC

September 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Chuling Hsiao (Hsiao), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hsiao 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 $56,496.27 on February 22, 2023.

The policyowner alleges that he unknowingly entered into two variable annuity contracts in December 2021 with an eight year surrender charge period with funds from his matured fixed annuity policy. The customer wants to cancel both of the variable annuity policies free of surrender fees.