CRAIG CHAMBERLIN DEWEY

CRAIG CHAMBERLIN DEWEY is currently employed as a Broker and/or Investment Adviser at KESTRA INVESTMENT SERVICES, LLC located at 111 BULIFANTS #D, ste D, WILLIAMSBURG, VA, 23188.

CRAIG CHAMBERLIN DEWEY has worked at KESTRA INVESTMENT SERVICES, LLC since August 15, 2014

Disclosure History

CRAIG CHAMBERLIN DEWEY has 1 Disclosure Event(s).

Date: September 27, 2005
Category: Customer Dispute
Allegations: CLIENT ALLEGES MISREPRESENTATION IN THE SALE OF A 1994 VARIABLE LIFE INSURANCE POLICY. CLAIMS THAT THE AGENT DID NOT ADVISE HIM THAT THE PREMIUM COULD CHANGE OR THAT THE DEATH BENEFIT WOULD HAVE TO BE ADJUSTED. DAMAGES ARE UNSPECIFED.
Broker Comment: [CUSTOMER] ALLEGATION IS FALSE. HE RECEIVED ALL PAPERWORK REGARDING THE POSSIBLE CONSEQUENCES OF NON-PERFORMING FUNDS & HOW IT COULD AFFECT HIS LIFE INSURANCE POLICY IN 1994. HE WAS ADVISED AT THAT TIME TO NOT FUND WITH THE MINIMUM PREMIUM OF APPRX. $700, BUT TO FUND WITH $1,100. HE SIGNED DOCUMENTS STATING THAT HE UNDERSTOOD THAT HIS POLICY COULD LAPSE IF THE SEPARATE ACCOUNTS DID NOT PERFORM AT 11% OVER THE LONG RUN.

More Information

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