Customer alleges that his asset allocation is inappropriate for his age and seeks return of entire annuity investment.

Customer wanted to focus on an aggressive strategy, which included alternative investments in order to rebuild an inheritance account. Customer's purchase of the annuity was fully discussed, documented, and authorized. During the recommendation all information about the expenses and potential benefits were fully disclosed to the customer and also disclosed on the forms signed by the customer.

Client alleges shares of First Eagle Global Fund were sold on 9/21/2016 without her authorization which resulted in unanticipated tax consequences.

$5,000.00

Based on the firm's review, the client's claim was denied.