JOHN ALLEN NEUENSCHWANDER

JOHN ALLEN NEUENSCHWANDER is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 51 BROADWAY, FARGO, ND, 58102.

JOHN ALLEN NEUENSCHWANDER has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since June 30, 1982

Disclosure History

JOHN ALLEN NEUENSCHWANDER has 1 Disclosure Event(s).

Date: November 25, 2008
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT THE FINANCIAL ADVISOR MADE AN UNSUITABLE INVESTMENT RECOMMENDATION.
Damage Amount Requested: $10,313.00
Broker Comment: MERRILL LYNCH AND MR. NEUENSCHWANDER DENIED THE CLIENT'S ALLEGATIONS IN THEIR ENTIRETY. CLIENT ADMITTED GIVING FINANCIAL ADVISOR $30,000 TO PURCHASE A QUALITY MUNICIPAL BOND. THE BONDS IN QUESTION WERE RATED AAA AND JUDGED HIGH QUALITY BY BOTH MOODY'S AND STANDARD & POOR'S. BOND WAS ALSO RECOMMENDED AS CONSISTENT WITH CLIENT'S MUNICIPAL BOND INVESTMENT HISTORY.

More Information

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