$67,850.15

Tax

On 08/18/2021 it was determined this event would be reportable as the Advisor notified the firm of his attempts to reach the IRS to get proof this had been filed in error. He was on hold multiple times being transferred from one area to the next. He has sent a form requesting withdrawal of the lien notice and a letter indicating they not only filed it in error, but they filed it in the wrong county.

Customer complained that liquidity of two alternative investments had not been disclosed at the time of the purchase, and stated that she wanted to get out of the investments immediately, which is not possible due to their liquidity. Activity period 1/1/14 to 12/31/14

I DENY THE ALLEGATIONS IN THE COMPLAINT, WHICH WERE MADE AFTER A NON-TRADED ENERGY FUND RECENTLY SUSPENDED REDEMPTIONS AFTER THE SHARP DECLINE IN ENERGY PRICES. THE INVESTMENTS REFERRED TO IN THE COMPLAINT WERE MADE OVER SIX YEARS AGO BY THE CUSTOMER'S HUSBAND AFTER CAREFUL REVIEW AND PLANNING FOR THE TRUST THAT THE CUSTOMER IS NOW THE TRUSTEE OF. THE RISK OF ILLIQUIDITY WAS SPECIFICALLY DISCLOSED AND DISCUSSED WITH HER LATE HUSBAND (WHO HAD BEEN A CLIENT FOR MANY YEARS AND HAD SIGNIFICANT EXPERIENCE WITH NON-TRADED INVESTMENTS), AND THE INVESTMENTS REPRESENTED A VERY SMALL PERCENTAGE OF THE TRUST'S PORTFOLIO.

CUSTOMER ALLEGES UNSUITABLE INVESTMENT IN A NON-TRADED REIT AND THAT CERTAIN INVESTOR PROFILE INFORMATION WAS REPORTING INCORRECTLY.

I DISPUTE THESE ALLEGATIONS. THIS COMPLAINT IS FROM A LONG TIME CLIENT AND REIT INVESTOR WHO DIRECTED ME TO BUY THIS REIT IN HER FAMILY TRUST FOR LEGACY PLANNING PURPOSES. SHE AUTHORIZED AND APPROVED THE INVESTMENT IN QUESTION, AND PROVIDED ME WITH THE INFORMATION NECESSARY TO COMPLETE HER INVESTOR PROFILE. THE CLIENT LATER WITHDREW THIS COMPLAINT BUT IT WAS REOPENED BY HER DAUGHTER.