ERIC MICHAEL JENSEN

ERIC MICHAEL JENSEN is currently employed as a Broker and/or Investment Adviser at ROYAL ALLIANCE ASSOCIATES, INC. located at 2 West Dry Creek Circle, Suite 130, Littleton, CO, 80439.

ERIC MICHAEL JENSEN has worked at ROYAL ALLIANCE ASSOCIATES, INC. since August 05, 2005

Disclosure History

ERIC MICHAEL JENSEN has 3 Disclosure Event(s).

Date: January 21, 2016
Category: Financial
Type: Compromise
Disposition: Satisfied/Released

Date: March 10, 2005
Category: Customer Dispute
Allegations: THE CLIENTS ALLEGED MY FINANCIAL ADVICE WAS FLAWED CAUSING THEM UNDER FINANCIAL LOSSES.
Damage Amount Requested: $83,283.00
Broker Comment: THE FIRM FOUND THE RECOMMENDATIONS WERE CONSISTENT WITH THE CLIENTS' FINANCIAL GOALS AND DOCUMENTED SUITABILITY INFORMATION. THE CLIENTS PROVIDED OPTIONS AND MADE INFORMED DECISIONS REGARDING THEIR INVESTMENTS. THEY ALSO TOOK PART IN NUMEROUS PORTFOLIO REVIEWS. WE FOUND NO MERIT IN THE CLIENTS' ALLEGATIONS.

Date: October 25, 2004
Category: Customer Dispute
Allegations: THE CLIENTS ALLEGE THAT I DID NOT DISCLOSE FEES ASSOCIATED WITH CANCELLING THEIR BROKERAGE ACCOUNTS. THE CLIENTS ALLEGE THAT THEY WERE NOT AWARE OF THE VARIABLE UNIVERSAL LIFE SURRENDER CHARGES. THE CLIENTS HAVE REQUESTED A WAIVER OF ALL FEES AND SURRENDER CHARGES.
Damage Amount Requested: $5,000.00
Broker Comment: THE FIRM REVIEW FOUND THAT THE ADVISOR PROVIDED APPROPRIATE DISCLOSURE OF INVESTMENTS. THE ADVISOR ALSO PROVIDED DETAILED DOCUMENTATION INDICATING THAT HE MET WITH THE CLIENTS ON SEVERAL OCCASIONS AND REVIEWED THEIR INVESTMENTS AND DISCUSSED THE SURRENDER CHARGES OF THEIR VUL POLICIES.

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.

To view the full report for ERIC MICHAEL JENSEN, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.