DAVID JON YARLETTS is currently employed as a Broker and/or Investment Adviser at AMERIPRISE FINANCIAL SERVICES, INC. located at 421 N ORANGE AVE, SARASOTA, FL, 34236.
DAVID JON YARLETTS has worked at AMERIPRISE FINANCIAL SERVICES, INC. since July 06, 2009
DAVID JON YARLETTS has 3 Disclosure Event(s).
Date: January 24, 2003 Category: Customer Dispute Allegations: THE CLIENTS ALLEGE THEY INCURRED LARGE LOSSES BECAUSE THE ADVISOR FAILED TO DIVERIFY THEIR PORTFOLIO. Damage Amount Requested: $61,000.00 Broker Comment: THE CLIENTS OPENED A WRAP ACCOUNT,FUNDED WITH AN IN-KIND TRANSFER OF AN AXP MUTUAL FUND. THE ADVISORS RECOMMENDED NEW FUNDS TO PURCHASE IN THE ACCOUNT, BUT NEITHER HE NOR THE CLIENTS FOLLOWED UP WITH HE RELLOCATION.WE REFUNDED WRAP FEES PAID THE CLIENT.
Date: December 27, 2001 Category: Customer Dispute Allegations: THE CLIENT ALLEGED I SOLD HER CLASS B MUTUAL FUND SHARES TO PURCHASE THE SAME CLASS A MUTAL FUND SHARES, AND THIS RESULTED IN THE CLIENT PAYING AN UNNECESSARY CONTINGENT DEFERRED SALES CHARGE. Damage Amount Requested: $8,000.00 Broker Comment: THE FIRM FOUND I PROVIDED THE CLIENT FULL DISCLOSURE OF THE CONTINGENT DEFERRED SALES CHARGES.
Date: August 15, 2001 Category: Customer Dispute Allegations: THE CLIENT STATED THAT HE WAS SEEKING CONSERVATIVE INVESTMENTS AND AN INCOME STREAM. HE ALLEGED THAT I DEVIATED FROM HIS WISHES BY PLACING HIM IN AGGRESSIVE INVESTMENTS. Damage Amount Requested: $170,286.00 Broker Comment: THE REVIEW FOUND THAT THE INVESTMENTS THE CLIENT PURCHASED WERE IN LINE WITH HIS STATED RISK TOLERANCE, TIME HORIZON, AND GOALS AND OBJECTIVES.
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