Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Vander Velde (Vander Velde), currently associated with Private Client Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Vander Velde 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 $300,000.00 on August 24, 2021.
Client alleges the FP recommended the purchase of several high-risk alternative investments which were not suitable giving her investment objective and risk tolerance.