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Thomas Smith, IV Of Valic Financial Advisors, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Thomas Smith, IV of Valic Financial Advisors, Inc.?

Thomas Smith, IV

Thomas Smith, IV (CRD #1988190) who is currently registered as a broker and investment adviser with Valic Financial Advisors, Inc. and located in Macon, Georgia, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Valic Financial Advisors, Inc., Thomas Smith, IV was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Thomas Smith, IV Customer Complaints

Thomas Smith, IV has been the subject of 3 customer complaints that we know about to recover investment losses. Two customer complaints were denied by Ameriprise Financial Services and the customers took no further action. One customer complaint filed in connection with his employment with Valic Financial Advisors is still pending.

Allegations Against Thomas Smith, IV

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

  • Failure to follow client’s instructions to reallocate account.
  • Misrepresentation of cost associated with variable universal life insurance policy.
  • Failure to follow client’s instructions to transfer assets into insured products.

Thomas Smith, IV Red Flags & Your Rights As An Investor

Of course, Thomas Smith, IV 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 Thomas Smith, IV at Valic Financial Advisors, Inc. on alert to review carefully the activity and performance of their accounts and question whether Thomas Smith, IV has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Valic Financial Advisors, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Valic Financial Advisors, Inc. Due To Thomas Smith, IV

If you have questions about Valic Financial Advisors, Inc. and/or Thomas Smith, IV 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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