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Joseph Ellis Of Ameriprise Financial Services, LLC And Formerly With Commonwealth Financial Network Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Joseph Ellis of Ameriprise Financial Services, LLC?

Joseph Ellis (CRD #2427967) who is currently registered with Ameriprise Financial Services, LLC and located in La Grange, Georgia is a subject of one of our many securities industry sales practice abuse investigations. Prior to Ameriprise Financial Services, LLC, Joseph Ellis was associated with Commonwealth Financial Network and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Joseph Ellis Customer Complaints

Joseph Ellis has been the subject of 2 customer complaints that we know about. Both of Joseph Ellis’ 2 customer complaints were settled in favor of investors.

Allegations Against Joseph Ellis

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Claimants alleged Joseph Ellis placed them in unsuitable, illiquid investments.
  • The customer alleged that all of the stock sales made in her account by Joseph Ellis were unauthorized. She also indicated that she did not approve the purchase of mutual funds with these proceeds. The client questioned how our representative was granted discretionary control over her account.

Joseph Ellis Red Flags & Your Rights As An Investor

Of course, Joseph Ellis did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Joseph Ellis at Ameriprise Financial Services, LLC and Commonwealth Financial Network on alert to review carefully the activity and performance of their accounts and question whether Joseph Ellis has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services, LLC and Commonwealth Financial Network also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Ameriprise Financial Services, LLC Due To Joseph Ellis

If you have questions about Ameriprise Financial Services, LLC, Commonwealth Financial Network, and/or Joseph Ellis and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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