ANTHONY J BONANNO

ANTHONY J BONANNO is currently employed as a Broker and/or Investment Adviser at PARK AVENUE SECURITIES LLC located at 9000 KEYSTONE CROSSING, SUITE 400, INDIANAPOLIS, IN, 46240.

ANTHONY J BONANNO has worked at PARK AVENUE SECURITIES LLC since May 03, 1999

Disclosure History

ANTHONY J BONANNO has 2 Disclosure Event(s).

Date: December 05, 2014
Category: Customer Dispute
Allegations: CUSTOMERS ALLEGED THAT RR SOLICITED CUSTOMERS TO PURCHASE UNREGISTERED SECURITIES FROM AN UNREGISTERED FINANCIAL ADVISOR.
Damage Amount Requested: $350,000.00
Settlement Amount: $245,000.00
Broker Comment: Plaintiffs allege that RR solicited the purchase of un-registered securities from an un-registered financial advisor. Please note, the plaintiffs are not customers of Park Avenue Securities (PAS), but are customers of Guardian Life Insurance Company, PAS' parent company. Customer alleged that RR solicited the purchase of unregistered securities from an unregisteredfinancial advisor. RR denied these allegations, and specifically denied making recommendations to customer with respect to his/her alleged investments or the alleged unregistered financial advisor. RR specifically denied recommending the alleged unregistered financial advisor and denied having received any compensation or payment related to customer's alleged investments.RR and Park Avenue Securities settled customer's complaint out of court, with no admission of wrongdoing. The consideration provided in connection with the Settlement Agreement was made solely in compromise of disputed claims and defenses, and nothing contained therein shall be construed as an admission of liability by RR. RR is reporting customer's allegations and the resolution thereof solely to comply with applicable requirements that RRs report such complaints, regardless of whether any wrongdoing is deemed to have occurred. RRs are required to report any such allegations or complaints made by an individual about a registered representative.

Date: December 29, 2009
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT FUNDS TRANSFERRED FROM A PACIFIC LIFE ANNUITY AND MUTUAL FUNDS IN UBS ACCOUNT WERE TRANSFERRED INTO A GUARDIAN ANNUITY AND PAS BROKERAGE ACCOUNT WITHOUT HER INPUT OR KNOWLEDGE.
Damage Amount Requested: $5,000.00
Broker Comment: THE DOCUMENTATION TO TRANSFER THE PACIFIC LIFE VARIABLE ANNUITY TO THE GUARDIAN INSURANCE AND ANNUITY COMPANY (GIAC) WAS COMPLETED AND SIGNED BY THE CLIENT. THE DOCUMENTATION TO TRANSFER THE UBS MUTUAL FUND ACCOUNT TO PARK AVENUE SECURITIES (PAS) WAS COMPLETED AND SIGNED BY THE CLIENT. A GIAC PROSPECTUS AND PAS BROKERAGE ACCOUNT INFORMATION WERE PROVIDED TO THE CLIENT AT THE TIME THE DOCUMENTATION WAS COMPLETED AND SIGNED. THE CLIENT UTILIZED THE "FREE-LOOK" PROVISION ON THE GIAC VARIABLE ANNUITY AND RECEIVED BACK 100% OF THE AMOUNT INVESTED. THERE WAS NO TRADING DONE IN THE MUTUAL FUND ACCOUNT WHILE AT PARK AVENUE SECURITIES. THE CLIENT REQUESTED THE ACCOUNT BE LIQUIDATED. THERE WAS A GAIN ON THE MUTUAL FUND ACCOUNT OF APPROXIMATELY $4000. MY BROKER/DEALER, PARK AVENUE SECURITIES LLC, FOUND NO EVIDENCE OF UNAUTHORIZED TRADING. THIS COMPLAINT WAS WITHOUT MERIT AND THE TRANSACTIONS WERE EXECUTED ACCORDING TO FINRA AND OUR BROKER/DEALER RULES WITH THE CLIENT'S SIGNATURES IN ALL APPROPRIATE PLACES AS REQUIRED. THERE WAS NO WRONG-DOING ON MY PART. I AM ACKNOWLEDGING THIS COMPLAINT ONLY BECAUSE I AM REQUIRED TO BY FINRA REGULATIONS. ANY ALLEGATIONS OR COMPLAINTS MADE BY AN INDIVIDUAL ABOUT A REGISTERED REPRESENTATIVE ARE REQUIRED TO MAKE NOTE OF IT, REGARDLESS IF THE CLAIM IS FRIVOLOUS OR IF THE REGISTERED REPRESENTATIVE IS DEEMED TO BE IN THE WRONG OR NOT.

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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