RICHARD IRVING MATOFF is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 12767 ADAIR CREEK WAY NE, REDMOND, WA, 98053.
RICHARD IRVING MATOFF has worked at CETERA ADVISORS LLC since February 28, 2012
Disclosure History
RICHARD IRVING MATOFF has 4 Disclosure Event(s).
Date: December 28, 2017 Category: Customer Dispute Allegations: Client alleges Poor Recommendation/Poor Advice, excessive trading. Damage Amount Requested: $250,000.00 Broker Comment: I categorically deny the allegation made by{customer} who was a hydrologist in the mining industry and was familiar with the different mining commodities and recommended the copper industry which was so price maligned. He wanted to have it in each of his accounts. The market being overvalued, I suggested diversification and suggested the gold arena as a possible hedge against a market correction as well as other diversification securities which he approved verbally and by e mail.
Date: June 17, 2003 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THE FIXED ANNUITY PURCHASED IN AUGUST 2002 WAS NOT A SUITABLE INVESTMENT. SHE ALSO ALLEGES ALL THE DETAILS OF HER EXISTING INVESTMENTS LIQUIDATED TO PURCHASE THE FIXED ANNUITY WERE NOT FULLY EXPLAINED TO HER. Damage Amount Requested: $57,000.00 Broker Comment: CUSTOMER CHANGED HER THINKING TOWARDS MORE SAFETY OF PRINCIPAL AS OPPOSED TO POTENTIAL GROWTH OPPORTUNTIES DUE TO A PROLONGED BEAR MARKET. ALL FACTS OF THE INVESTMENT I.E. FIXED ANNUITY WERE EXPLAINED.
Date: December 27, 1991 Category: Customer Dispute Allegations: CLAIMANT CLAIMS HE WAS COERCED INTO BUYINGINTO AN INVESTMENT AS A RESULT OF PROMISES ANDMISREPRESENTATION. CLAIMANT SEEKS COMPENSATORY DAMAGES IN THEAMOUNT OF 86,000.00 Damage Amount Requested: $86,000.00 Damages Granted: $18,000.00 Broker Comment: NO PENALTY WAS ASSESSED ME A SMALL DOLLAR AMOUNTWAS PAID TO [CUSTOMER] COVERING HIS LEGAL FEES (APPROX.$18,000.00) [CUSTOMER] IS NOT DECEASED.NOT PROVIDED
Date: September 01, 1984 Category: Customer Dispute Allegations: COMPLAINT AGAINST OPPENHEIMER & I AS AGENT. IDO NOT HAVE THE RECORDS OF CLAIMS OR DAMAGES OR ALLEGATIONS. Settlement Amount: $97,500.00 Broker Comment: AS FAR AS I KNOW [CUSTOMER] ATTORNEY RECEIVED HISLEGAL FEES. THAT IS ALL I RECOLLECT.NOT PROVIDED
More Information
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