Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Raymond Thill (Thill), previously associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Thill 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 $4,000,000.00 on September 30, 2020.
Clients allege the representative provided a financial plan in 2017 which undercounted the Client’s anticipated withdrawals and provided an inaccurate probability that the Clients would achieve their retirement goals.