Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Smith (Smith), currently associated with Valic Financial Advisors, INC., has at least one disclosable event. These events include one customer complaint, alleging that Smith recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $20,677.12 on April 20, 2020.
Client alleges she met with advisor on February 19th and requested he change her account allocations. Client further alleges this requested change was not made until February 25th causing her to incur losses.