Robert John Shade is currently employed as a Broker and/or Investment Adviser at EDWARD JONES located at 3300 BATTLEGROUND AVE STE 300, GREENSBORO, NC, 27410.
Robert John Shade has worked at EDWARD JONES since October 13, 2000
Disclosure History
Robert John Shade has 2 Disclosure Event(s).
Date: July 20, 2007 Category: Customer Dispute Allegations: CLIENT IS QUESTIONING THE SUITABILITY OF THE INSURANCE POLICY THE FA RECOMMENDED IN MARCH 2004. CLIENT STATES SHE HAS MET WITH A COMPETING FA AND HE INFORMED HER THAT SHE DID NOT HAVE ENOUGH INCOME TO WARRANT ANY PURCHASE OF LIFE INSURANCE. CLIENT INDICATES SHE HAS PUT $80,000 INTO THE POLICY AND THE SURRENDER VALUE IS WORTH ONLY $13,000. Damage Amount Requested: $67,000.00 Broker Comment: ACCORDING TO FA, AFTER RECEIVING CLIENT'S INITIAL LETTER, HE MET WITH HER ON JULY 24, 2007 TO REVIEW HER CONCERNS. FA HAS INDICATED DURING THIS DISCUSSION HE EXPLAINED WHY HE HAD INITIALLY RECOMMENDED THE HARTFORD LIFE INSURANCE POLICY AND HE ADDRESSED CLIENT'S CONCERNS TO HER SATISFACTION. BASED ON MY REVIEW OF CLIENT'S ADDITIONAL CORRESPONDENCE DATED JULY 25, 2007, SHE HAS MADE THE DECISION TO CONTINUE WORKING WITH THE FA AND SHE IS REVIEWING PREMIUM PAYMENT OPTIONS FOR THIS LIFE POLICY.
Date: February 01, 1996 Category: Customer Dispute Allegations: CLAIMANT ALLEGED THAT PLM EQUIPMENT GROWTHFUND IV WAS MISREPRESENTED. Damages Granted: $10,000.00 Broker Comment: A SINGLE ARBITRATOR WAS SELECTED TO REVIEW THISMATTER, AND DETERMINED IN FULL AND FINAL RESOLUTION OF THEISSUES TO AWARD THE CLAIMANTS $10,000 IN DAMAGES. BOTH PARTIESSHALL BEAR THEIR RESPECTIVE COSTS AND ATTORNEYS FEES.NO WAY SHOULD THE CLAIMANT HAVE WON THIS CLAIM.THE CLAIMANTS WERE UPSET BECAUSE THE PLM PARTNERSHIP DID NOTLIVE UP TO THEIR EXPECTATIONS OR DESIRES. MY PRESENTATION WASIN ACCORDANCE WITH THE RECOMMENDED JCB PARTNERSHIP SCRIPT. APROSPECTUS WAS INCLUDED. THE CLAIMANTS WERE LITERATE AND WERENOT PRESSURED INTO PURCHASING THE PRODUCT. THE "EXHIBIT A"PIECE THAT PRECIPITATED THE AWARD WAS NOT PREPARED BY ME NOR DOI KNOW HOW IT WAS OBTAINED BY THEM. FURTHERMORE, MY OFFICEMANAGER ( IN A LETTER TO HIS SUPERVISOR) INDICATED THAT I WASNOT GUILTY OF ANY WRONGDOING AND THAT I AM NOT LIABLE FORPARTNERSHIP PERFORMANCE.
More Information
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