ROGER JAMES CUMMINGS

ROGER JAMES CUMMINGS is currently employed as a Broker and/or Investment Adviser at AMERIPRISE FINANCIAL SERVICES, INC. located at 501 Providence Hwy, Norwood, MA, 02062-4954.

ROGER JAMES CUMMINGS has worked at AMERIPRISE FINANCIAL SERVICES, INC. since July 15, 1986

Disclosure History

ROGER JAMES CUMMINGS has 1 Disclosure Event(s).

Date: March 08, 2004
Category: Customer Dispute
Allegations: THE CLIENT'S ATTORNEY ALLEGED A LACK OF DISCLOSURE REGARDING TAX IMPLICATIONS FOR REDEMPTIONS PROCESSED IN MARCH OF 2003 IN THE CLIENT'S IRA PLAN
Damage Amount Requested: $16,000.00
Broker Comment: THE CLIENT CHOSE TO REDEEM FROM IRA ACCOUNTS IN ORDER TO PAY OFF HER MORTGAGE. SHE WAS TOLD SEVERAL TIMES THROUGHOUT THE YEAR TO CONTACT HER CPA. FURTHERMORE, THE CLIENT HAD REDEEMED FROM IRA ACCOUNTS IN PREVIOUS TAX YEARS AND WAS AWARE OF THE TAX CONSEQUENCES AND PENALTIES.

More Information

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