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Melford Brown Of Ameriprise Financial Services Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Melford Brown of Ameriprise Financial Services?

Melford Brown (CRD #2501003) who is currently registered with Ameriprise Financial Services and located in Towson, Maryland is a subject of one of our many securities industry sales practice abuse investigations.

Melford Brown Customer Complaints

Melford Brown has been the subject of 2 customer complaints that we know about.  Both of Melford Brown’s customers’ complaints were denied and, to date, the customers had not taken any further action.

Allegations Against Melford Brown

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

  • Clients alleged Melford Brown recommended inappropriate variable life insurance policies, and provided incorrect information about the associated funding requirements.
  • Client alleged the investments allegedly made by Melford Brown were unsuitable based on their age and overall financial situation.

Melford Brown Red Flags & Your Rights As An Investor

Of course, Melford Brown 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 Melford Brown at Ameriprise Financial Services on alert to review carefully the activity and performance of their accounts and question whether Melford Brown has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services 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 Due To Melford Brown

If you have questions about Ameriprise Financial Services and/or Melford Brown 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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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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