NICHOLAS MARINO BENEVENTO is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 30 BROAD STREET STE. 2, RED BANK, NJ, 07701.
NICHOLAS MARINO BENEVENTO has worked at CETERA ADVISORS LLC since January 05, 2005
Disclosure History
NICHOLAS MARINO BENEVENTO has 2 Disclosure Event(s).
Date: June 16, 2008 Category: Customer Dispute Allegations: ALLEGED THAT THE SALE OF VARIOUS VARIABLE ANNUITITES, FIXED ANNUITIES AND LIFE INSURANCE WERE UNSUITABLE FOR THE CLIENT. DEMAND IS FOR FULL REFUND OF ALL FUNDS INVESTED FREE OF SURRENDER CHARGES OR PENALTIES. Settlement Amount: $1,479,905.70 Broker Comment: AS WITH ALL OF MY CLIENTS, THE PLAN IMPLEMENTED WAS A RESULT OF NUMEROUS MEETINGS, WITH SPECIFIC EMPHASIS ON THE CLIENT'S SHORT, MEDIUM AND LONG TERM GOALS. I MAINTAIN THE STRATEGIES UTILIZED WERE PROPER AND WERE ACKNOWLEDGED BY THE CLIENT TO BE FULLY UNDERSTOOD. I REMAIN DISTURBED THAT THE CLIENT QUESTIONED THE SUITABILITY OF THE PRODUCTS AND WAS ULTIMATELY DISPLEASED WITH OUR PROFESSIONAL RELATIONSHIP.
Date: June 16, 2008 Category: Customer Dispute Allegations: ALLEGED THAT THE SALE OF VARIOS VARIABLE ANNUITITES, FIXED ANNUITIES AND LIFE INSURANCE WERE UNSUITABLE FOR THE CLIENT. DEMAND IS FOR FULL REFUND OF ALL FUNDS INVESTED FREE OF SURRENDER CHARGES OR PENALTIES. Settlement Amount: $1,023,188.80 Broker Comment: AS WITH ALL OF MY CLIENTS, THE PLAN IMPLEMENTED WAS A RESULT OF NUMEROUS MEETINGS, WITH SPEICFIC EMPHASIS ON THE CLIENT'S SHORT, MEDIUM AND LONG TERM GOALS. I MAINTAIN THE STRATEGIES UTILIZED WERE PROPER AND WERE ACKNOWLEDGES BY THE CLIENT TO BE FULLY UNDERSTOOD. I REMAIN DISTURBED THAT THE CLIENT QUESTIONED THE SUITABILITY OF THE PRODUCTS AND WAS ULTIMATELY DISPLEASED WITH OUR PROFESSIONAL RELATIONSHIP.
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