ALLISON SMOOT is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 299 SOUTH MAIN STREET, SUITE 2100, SALT LAKE CITY, UT, 84111.
ALLISON SMOOT has worked at UBS FINANCIAL SERVICES INC. since January 13, 2012
Disclosure History
ALLISON SMOOT has 2 Disclosure Event(s).
Date: September 01, 2015 Category: Customer Dispute Allegations: Time Frame December 2013 to PresentClients allege suitability, omissions, and unauthorized trading regarding the selling of UnitedHealth and the purchasing of Hedge Funds Broker Comment: I deny this complaint. My partner and I met with the clients on numerous occasions, both together and individually, as well as had many discussions and conversations by phone. Those appointments were held to discuss with them a strategy for a diversified allocation plan and investment proposal. Each of these appointments have been well documented. From the beginning, the hedge funds were part of the discussion because they were part of the diversified plan we were proposing to the clients after defining and understanding the client's goals and objectives. The asset allocation and investment plan proposed would meet their goals and objectives, the clients understood this and agreed to implement the plan. The clients understood the risks involved with each investment recommended including the hedge funds as well as receiving all disclosures and documents necessary to implement the plan they agreed too. The allegations lodged against me have no factual basis and I believe them to be false. Furthermore, UBS has reviewed the client's letter that was dated September 14th 2015 and denied the complaint in its entirety.
Date: January 02, 2009 Category: Customer Dispute Allegations: CLAIMANT ALLEGES FRAUDULENT MISREPRESENTATION, UNSUITABILITY, VIOLATION OF ANTI-FRAUD PROVISIONS OF UT SECURITIES ACT, FRAUD, BREACH OF FIDUCIARY DUTY, BREACH OF CONTRACT AND NEGLIGENCE WITH RESPECT TO THE PURCHASE OF ING GOLDEN AMERICAN VARIABLE ANNUITY. Settlement Amount: $55,000.00 09-01435
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