Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryon Frisch (Frisch), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Frisch 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 $150,395.00 on October 17, 2022.
The complainant alleges that in 2021, the representative had him move the funds from his two existing variable annuities into two new variable annuities, telling him that the new variable annuities offered the same GMIB benefits as his existing annuities. The complainant alleges that he has since learned that neither of his new AXA variable annuities have GMIB protection, which has caused him financial harm.