DOROTHY MARGARET MECHTENBERG is currently employed as a Broker and/or Investment Adviser at GENEOS WEALTH MANAGEMENT, INC. located at 8100 RALSTON ROAD, SUITE M-20, ARVADA, CO, 80002.
DOROTHY MARGARET MECHTENBERG has worked at GENEOS WEALTH MANAGEMENT, INC. since October 15, 2003
DOROTHY MARGARET MECHTENBERG has 4 Disclosure Event(s).
Date: November 23, 2004 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT MS. MECHTENBERG MADE UNSUITABLE SUB-ACCOUNT RECOMMENDATIONS AND FAILED TO PROPERLY MONITOR THOSE SUB-ACCOUNTS FOR THE VARIABLE ANNUITY CUSTOMER PURCHASED THROUGH MS. MECHTENBERG Damage Amount Requested: $319,000.00 Damages Granted: $133,075.00 Broker Comment: I VEHEMENTLY DENY CUSTOMER'S ALLEGATIONS. THE SUB-ACCOUNT RECOMMENDATIONS FOR CUSTOMER PE WERE MADE AFTER CAREFUL ANALYSIS AND CONSULTATION WITH [CUSTOMER] BASED ON ALL INFORMATION PROVIDED TO ME AT THE TIME OF THE RECOMMENDATIONS.
Date: November 17, 2003 Category: Customer Dispute Allegations: CLIENT ALLEGES REPRESENTATIVE PLACED HER IN A HIGH RISK ACCOUNT 3-19-2001 WHEN A SAFECO SPINNAKER VA WAS PURCHASED CAUSING HER UNNECESSARY LOSSES. Damage Amount Requested: $18,057.00 Broker Comment: [CUSTOMER] OPENED AN IRA ACCOUNT WITH ME IN 2001 AND INVESTED $65,142.75. AT THE TIME SHE OPENED THE ACCOUNT, [CUSTOMER] REPRESENTED TO ME THAT HER TIME HORIZON FOR THE INVESTMENTS TO BE APPROXIMATELY 10 YEARS, WITH A MODERATE RISK TOLERANCE. IN JULY, 2002, [CUSTOMER] TOOK A $1000.00 DISTRIBUTION. I HAD SEVERAL CONVERSATIONS WITH [CUSTOMER] DURING THE MARKET DECLINE AND AT HER REQUEST, I TRANSFERRED THE BALANCES IN HER IRA INTO A FIXED ACCOUNT. IN JANUARY, 2003 [CUSTOMER] TOOK A DISTRIBUTION IN EXCESS OF $10,000.00. THE DECLINE IN VALUE IN [CUSTOMER'S] IRA CAN BE ATTRIBUTED TO THE DISTRIBUTIONS SHE TOOK, AS WELL AS THE DECLINE IN THE OVERALL MARKETPLACE.
Date: November 01, 2002 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT THE ACCOUNT WAS NOT SET UP CORRECTLY AS A RETIREMENT ACCOUNT AS HE REQUESTED, AND THAT THE MUTUAL FUND RECOMMENDED DID NOT MEET THE INVESTMENT OBJECTIVES HE INITIALLY DISCUSSED. Damage Amount Requested: $45,253.00 Settlement Amount: $42,500.00
Date: October 22, 2002 Category: Customer Dispute Allegations: CUSTOMER ALLEGED THAT THE REGISTERED REPRESENTATIVE FAILED OR DELAYED EXECUTING A REQUEST TO MOVE 50% OF HER ASSETS FROM THE VARIABLE SUB ACCOUNTS TO A FIXED ACCOUNT. Damage Amount Requested: $10,600.00 Settlement Amount: $10,600.00
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.
To view the full report for DOROTHY MARGARET MECHTENBERG, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More