JUAN ANTONIO BRASCHI

JUAN ANTONIO BRASCHI is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 15 2ND ST / 15 CALLE 2, GUAYNABO, PR, 00968.

JUAN ANTONIO BRASCHI has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since August 11, 2006

Disclosure History

JUAN ANTONIO BRASCHI has 4 Disclosure Event(s).

Date: December 18, 2017
Category: Customer Dispute
Allegations: The Customer alleges unsuitable investment recommendations, misrepresentation and omission of material facts.
Damage Amount Requested: $264,000.00

Date: December 03, 2014
Category: Customer Dispute
Allegations: THE CUSTOMER ALLEGES UNSUITABLE INVESTMENT RECOMMENDATIONS, MISREPRESENTATION AND OMISSION OF MATERIAL FACTS.
Damage Amount Requested: $700,000.00
Settlement Amount: $50,000.00

Date: June 17, 2008
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT FINANCIAL ADVISOR INVESTED THEIR MONEY IN AGGRESSIVE STOCKS AND MUTUAL FUNDS ADVISING THAT THE SECURITIES WERE INSURED WITH GUARANTEED INCOME. CLIENT FURTHER ALLEGES THAT THE FINANCIAL ADVISOR NEVER MENTIONED ANY RISKS REGARDING THE INVESTMENTS AND MADE UNAUTHORIZED TRADES IN THE ACCOUNT.
Damage Amount Requested: $95,000.00

Date: May 06, 2004
Category: Customer Dispute
Allegations: CUSTOMER VERBALLY RAISED CONCERNS THAT SHE WAS ADVISED THAT INVESTMENTS WERE NOT DIVERSIFIED BUT FINANCIAL ADVISOR ADVISED HER THAT SHE WAS DIVERSIFIED. DAMAGES UNSPECIFIED."t
Settlement Amount: $27,500.00

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.

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