EDWARD SPANN REAMES is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 1801 W EVANS ST STE A, FLORENCE, SC, 29501.
EDWARD SPANN REAMES has worked at WELLS FARGO CLEARING SERVICES, LLC since February 17, 2012
EDWARD SPANN REAMES has 2 Disclosure Event(s).
Date: April 21, 2005 Category: Customer Dispute Allegations: SOUTH CAROLINA CLIENT'S SON ASSERTS THAT THE BROKER ADVISED THE CLIENT TO PURCHASE INAPPROPRIATE INVESTMENTS IN HER ACCOUNT, NAMELY THE MANULIFE VENTURE 20 FIXED VARIABLE ANNUITY PURCHASED ON 2/2/98, THE MANULIFE VISION TRAIL ANNUITY PURCHASED ON 10/2/00, CLASS B SHARES OF THE ALLIANCE BERNSTEIN HIGH YIELD FUND PURCHASED ON 1/5/98, CLASS B SHARES OF THE ALLIANCE BERNSTEIN FDS TECHNOLOGY FUND PURCHASED ON 1/5/98, AND CLASS C SHARES OF THE EVERGREEN EQUITY GLOBAL LEADERS FUND PURCHASED ON 1/5/98. HE BELIEVES THAT MORE APPROPRIATE LOW-RISK INVESTMENTS WOULD HAVE BEEN MORE APPROPRIATE FOR HIS MOTHER'S INVESTMENTS CONSIDERING HER AGE AND IS SEEKING TO RECAPTURE HER LOSSES OF $27,805.70. Damage Amount Requested: $27,805.70 Broker Comment: WACHOVIA SECURITIES AND THE BROKER DENY THE CLIENT'S CLAIM THAT INVESTMENTS PURCHASED IN THE CLIENT'S ACCOUNT WERE INAPPROPRIATE INVESTMENTS, NAMELY THE MANULIFE VENTURE 20 FIXED VARIABLE ANNUITY PURCHASED ON 2/2/98, THE MANULIFE VISION TRAIL ANNUITY PURCHASED ON 10/2/00, CLASS B SHARES OF THE ALLIANCE BERNSTEIN HIGH YIELD FUND PURCHASED ON 1/5/98, CLASS B SHARES OF THE ALLIANCE BERNSTEIN FDS TECHNOLOGY FUND PURCHASED ON 1/5/98, AND CLASS C SHARES OF THE EVERGREEN EQUITY GLOBAL LEADERS FUND PURCHASED ON 1/5/98.
Date: March 10, 2003 Category: Customer Dispute Allegations: CUSTOMER ALLEGES UNSUITABILITY WITH ANNUITY Damage Amount Requested: $150,000.00 Settlement Amount: $12,000.00
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 EDWARD SPANN REAMES, 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