ROGER ROY RACHUL

ROGER ROY RACHUL is currently employed as a Broker and/or Investment Adviser at THRIVENT INVESTMENT MANAGEMENT INC. located at 26040 Detroit Rd, Westlake, OH, 44145.

ROGER ROY RACHUL has worked at THRIVENT INVESTMENT MANAGEMENT INC. since July 01, 2002

Disclosure History

ROGER ROY RACHUL has 2 Disclosure Event(s).

Date: September 25, 2009
Category: Customer Dispute
Allegations: CUSTOMER ALLEGED SPOUSAL BENEFIT OPTION (SBO) ELECTION OF A DEATH CLAIM SETTLEMENT FOR A VARIABLE ANNUITY (VA) OWNED BY DECEASED SPOUSE WAS NOT SUITABLE AND NO OTHER OPTIONS WERE GIVEN. VA WAS ORIGINALLY ISSUED TO CUSTOMER'S DECEASED SPOUSE ON 05/27/2009. REVIEW REVEALED SBO WAS SUITABLE AND OTHER OPTIONS FOR SETTLEMENT OF THE DEATH CLAIM WERE PROVIDED.
Damage Amount Requested: $19,780.82

Date: March 11, 2008
Category: Customer Dispute
Allegations: CLIENT ALLEGES THE AGENT ADVISED HER TO SWITCH FROM AN EXISTING $500,000 TERM POLICY TO A $100,000 VARIABLE LIFE POLICY IN ORDER TO KEEP A FIXED MONTHLY PREMIUM. CLIENT FURTHER ALLEGES SHE WAS LATER INFORMED THAT THIS MONTHLY PREMIUM WOULD MORE THAN QUADRUPLE TO $450 A MONTH. CLIENT IS REQUESTING THE FIRM TO INVESTIGATE THIS MATTER. DAMAGES ARE UNSPECIFIED.
Settlement Amount: $7,979.03

More Information

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