Can you recover losses from investments due to recommendations by Ameriprise Financial Services, LLC broker Albert Bevilacqua III (CRD# 2656029)? He has been registered with Ameriprise Financial Services, LLC in Boca Raton, Florida, since 2001.
Albert Bevilacqua III Customer Complaints
He has been the subject of two customer complaints between 2005 and 2023, one of which was closed without action, according to his CRD report. The most recent complaint was regarding:
October 2023. “Claimant alleges that he was recommended to invest his retirement money in unsuitable and high commission investments, including a Securian variable annuity and FSEP (FS Energy and Power Fund).” The customer is seeking $200,000 in damages, and the case is currently pending. The complaint was regarding variable annuity and business development corporation (BDC) investment losses.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Ameriprise Financial Services, LLC may be liable for investment or other losses suffered by Albert Bevilacqua III’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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