THE CLIENTS REQUESTED THE FIRM RECONSIDER ITS POSITION OF A COMPLAINT FROM 2003. THEY ALLEGED THE ADVISOR'S RECOMMENDATIONS WERE UNSUITABLE GIVEN THEIR RISK TOLERANCE, INVESTMENT TIME HORIZON, AND AGES.

$143,355.00

$29,065.20

THE FIRM FOUND THE CLIENTS IDENTIFIED THEMSELVES AS MODERATE INVESTORS. THE CLIENTS HAD A DESIRE FOR A 10% INVESTMENT RETURN AND ACCEPTED A PORTFOLIO WHICH RESEMBLED MODERATE/AGGRESSIVE INVESTORS. THE ADVISOR ATTEMPTED TO GET THE CLIENT'S TO CHANGE THEIR PORTFOLIO BASED ON LIFE EVENTS, BUT THEY DECLINED. THE CLIENTS ACCEPTED A SETTLEMENT OF $29,065.20 WHICH REPRESENTED HALF OF THEIR ESTIMATED INVESTMENT LOSSES.

THE CLIENT ALLGED HIS INVESTMENTS WERE NOT SUITABLE GIVEN HIS STATED GOALS

$33,892.00

THE FIRM FOUND THE CLIENT IDENTIFIED HIS RISK LEVEL AS MODERATE AND OBJECTIVES AS CAPITAL PRESERVATION AND CAPITAL APPRECIATION. THE FIRM ALSO FOUND THE CLIENT'S INVESTMENTS WERE SUITABLE GIVEN HIS STAED GOALS AND OBJECTIVES AND HE RECEIVED FULL AND FAIR DISCLOSURE FOR HIS INVESTMENTS.

THE CLIENT ALLEGED I DID NOT REALLOCATE ANNUTITIES INTO CASH FOLLOWING A MARCH 18, 2002 REQUEST. THE CLIENT ALSO ALLEGED I DID NOT PROCESS THE DEATH SETTLEMENT OF HER LATE HUSBANDS ACCOUNTS TIMELY.

$30,646.98

$19,999.00

AEFA SETTLED THIS MATTER FOR $19,999.00 IN ORDER TO AVOID THE COSTS ASSOCIATED WITH ARBITRATION/LITIGATION. I WAS DISMISSED FROM THE CASE AS PART OF THE SETTLEMENT AND I CONTRIBUTED NOTHING TO THE SETTLEMENT AMOUNT.