ALVIN DEE COHEN is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 10955 LOWELL STE 900 and 910, OVERLAND PARK, KS, 66210.

ALVIN DEE COHEN has worked at CETERA ADVISORS LLC since May 05, 2017

Disclosure History

ALVIN DEE COHEN has 1 Disclosure Event(s).

Date: December 09, 2015
Category: Customer Dispute
Allegations: The new 401k company administrator alleges the surrender fees are too high and not the best product choice.
Damage Amount Requested: $25,000.00
Broker Comment: This plan was established about 17 years ago. In 2014 the practice was sold and the new owner wanted to integrate this plan into their own plan. I explained that there would be around $25,000 of surrender charges if the annuity contracts were cashed out immediately, but if they were kept in a separate account of the new plan for up to 3 years, they would avoid surrender charges. The new owner liquidated all the assets and wanted me to pay the surrender charges, which I declined to do. That appears to have ended the discussion. I believe this complaint is without any merit.

More Information

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