Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Grant (Grant), currently associated with Grove Point Investments, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Grant 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 $27,745.89 on May 23, 2024.
Client alleges that Financial Professional failed to notify her of the option to exercise an income rider after reaching the age of 70 1/2, causing her to take only minimum distributions rather than the maximum withdrawal amount during the timeframe of January 2017 through December 2022.