Customer alleged that advisory accounts were mismanaged during certain periods between June 2013 through January 2019, that advisory fees were collected on cash balances, that certain recommendations were unsuitable, and that 401k rollover should have been made to his Roth account. No specific damages were alleged, but estimated to be approximately $6,705.

$7,951.79

There is no merit to customer's allegations. All recommendations were made in good faith and he was kept advised of all account activity. The accounts were profitable over the period of my management. However, because the client was dissatisfied with service, I agreed to refund certain advisory fees assessed to client accounts.