Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Phillip Pickett (Pickett), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Pickett recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on February 05, 2024.
Customer alleges that the investment selections in a managed investment advisory account that was recommended in or around October 2021, are unsuitable. The customer is unhappy with the performance of the account, the proceeds of which, were intended to fund a life insurance plan.