GEORGE HARRISON SIMSER

GEORGE HARRISON SIMSER is currently employed as a Broker and/or Investment Adviser at LINCOLN INVESTMENT located at 636 COFFEEN ST., WATERTOWN, NY, 13601.

GEORGE HARRISON SIMSER has worked at LINCOLN INVESTMENT since January 03, 2017

Disclosure History

GEORGE HARRISON SIMSER has 2 Disclosure Event(s).

Date: October 04, 2011
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES REGISTERED REPRESENTATIVE IMPROPERLY ADVISED HIM TO RETIRE EARLY, PURCHASE A VARIABLE ANNUITY AND THAT HE COULD TAKE WITHDRAWALS OF ALMOST 10% A YEAR WITHOUT RISKING HIS PRINCIPAL. DAMAGES NOT SPECIFIED.
Settlement Amount: $4,000.00
Broker Comment: THE MATTER WAS SETTLED IN THE AMOUNT OF $4000. LOSS TO FIRM $4000. RR SIMSER'S ERRORS AND OMISSIONS CARRIER DID NOT CONTRIBUTE TO THE SETTLEMENT.

Date: October 25, 2002
Category: Customer Dispute
Allegations: CUSTOMER ALLEGES THAT I DIDN'T EXPLAIN THAT THE TAX-DEFERRAL BENEFIT PROVIDED BY ANNUITIES WOULD HAVE BEEN AVAILABLE TO HIM WITHOUT AN INSURANCE PRODUCT IF HE HAD KEPT HIS 401(K) ACCOUNT IN TACT OR ROLLED IT INTO ANY SELF-DIRECTED IRA. HIS ORIGINAL INVESTMENT HAS NOW LOST APPROXIMATELY $16,000.
Damage Amount Requested: $16,000.00
Settlement Amount: $1,031.22
Broker Comment: ALTHOUGH THE FIRM FOUND NO CONTRACTUAL BASIS TO DO SO, IN THE INTEREST OF GOOD CLIENT RELATIONS THE FIRM AGREED TO WAIVE THE CONTINGENT WITHDRAWAL CHARGE. LOSS TO THE FIRM WAS $1,031.22.

More Information

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