When communicating online or investing with any professional, make sure you know who you’re dealing with. Imposters might link to sites like BrokerCheck from phishing or similar scam websites, or through social media , trying to steal your personal information or your money. Please contact FINRA with any concerns.
CLIENT STATES HE IS DISAPPOINTED IN THE IRRESPONSIBLE HANDLING OF HIS FINANCES BY IR. STATES IR SHOULD HAVE INFORMED HIM OF LOSSES AND HIS WISHES TO INVEST AS CONSERVATIVELY AS POSSIBLE WERE NOT FOLLOWED. CLAIMS A LOSS OF $30K BY HIS FIRST STATEMENT. CLAIMES HE WAS ALSO NOT WELL DIVERSIFIED. NO SPECIFIC CLAIM. STATES LOSSES IN EXCESS OF $5,000
Settlement Amount
$81,468.42
Broker Comment
A SETTLEMENT AGREEMENT WAS SENT TO CLIENT ON 8/27/02. OFFERED TO RETURN THE VALUE OF HIS ACCT TO THE AMOUNT STATED AS OF 11/28/01. AGREEMENT WAS SIGNED ON 11/6/02 BY CLIENT AND RECEIVED BY EDWARD JONES ON 11/13/02. AGREED UPON SETTLEMENT IN THE AMOUNT OF $81,468.42.
A brokerage firm, also called a broker-dealer, is in the business of buying and selling securities – stocks, bonds, mutual funds, and certain other investment products – on behalf of its customer (as broker), for its own bank (dealer), or both. Individuals who work for broker-dealers - the sales personnel are commonly referred to as brokers.
IA
Investment Adviser
An investment adviser is paid for providing advice about securities to clients. In addition, some investment advisers manage investment portfolios and offer financial planning services.
Disclosures
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.