ROXANNE YOUNG BRYANT is currently employed as a Broker and/or Investment Adviser at STIFEL, NICOLAUS & COMPANY, INCORPORATED located at ONE FIFTH STREET, SUITE 300, WENATCHEE, WA, 98801.
ROXANNE YOUNG BRYANT has worked at STIFEL, NICOLAUS & COMPANY, INCORPORATED since September 11, 2009
Disclosure History
ROXANNE YOUNG BRYANT has 2 Disclosure Event(s).
Date: December 01, 2005 Category: Customer Dispute Allegations: DAUGHTER OF DECEASED CLIENT ALLEGES FINANCIAL ADVISOR FAILED TO CHANGE THE BENEFICIARY FROM THE "ESTATE OF (CLIENT'S NAME)" TO HER THEREFORE LEAVING HER NO OPTION OTHER THAN TO TAKE A LUMP SUM DISTRIBUTION FROM THE ANNUITY. SEEKS RETURN OF CPA FEE TO BE INCURRED FROM PROBATE AS WELL AS FOR TAX LIABILITY FROM DISTRIBUTION. NO SPECIFIC DAMAGES ALLEGED. Settlement Amount: $23,250.00
Date: April 15, 2005 Category: Customer Dispute Allegations: CLIENT BELIEVES SINGLE PREMIUM IMMEDIATE ANNUITY (SPIA) PURCHASED 9/23/04 WAS NOT SUITABLE. NO SPECIFIED DAMAGES ALLEGED. Broker Comment: CLIENT HAD BEEN ADVISED BY A COMPETITOR THAT IF HE INVESTED HIS $60,000 IN AN IMMEDIATE ANNUITY IT WOULD "GUARANTEE HIM A MONTHLY INCOME OF OVER $700 FOR LIFE". SINCE HE INDICATED THAT STABILITY OF INCOME FOR LIFE WAS A TOP PRIORITY, I SUGGESTED HE INVEST NO MORE THAN HALF ($30,000) AND KEEP THE REMAINDER LIQUID. WE DISCUSSED THE DIFFERENCE BETWEEN "LIFE" AND "LIFE WITH 10 YEAR GUARANTEE" AT LENGTH. HIS DESIRE WAS FOR THE ADDITIONAL $60/MONTH THAT THE LIFE OPTION OFFERED. I EXPLAINED THERE WOULD BE NO BENEFIT TO HIS CHILDREN IF HE DIED AND HIS WORDS WERE, "I DON'T NEED TO LEAVE ANYTHING TO THEM AND THERE'S ALWAYS THE OTHER $30,000 THEY COULD HAVE". I WAS NOT AWARE AT THE TIME HE WAS ANGRY WITH THEM AND THEY HAVE SINCE RECONCILED. CLIENT DID NOT DISCLOSE TO ME THAT HE HAD HAD CANCER 16 YEARS AGO. THE CANCER HAS NOW COME BACK AND IS THE REASON BEHIND HIS DESIRE TO SURRENDER THE CONTRACT. I HAVE CONTACTED SEVERAL INDIVIDUALS AND DEPARTMENTS AT THE ISSUING COMPANY AND HAVE BEEN GIVEN THE SAME ANSWER: PER THE CONTRACT, NO CASH SURRENDERS ARE AVAILABLE. CLIENT ALSO CLAIMS TO HAVE NEVER RECEIVED THE ORIGINAL POLICY. IT WAS RECEIVED IN OUR OFFICE AND FORWARDED TO HIM ON 10/4/04, WITH A COVER LETTER THAT SPECIFICALLY STATED TO CONTACT US WITHIN THE 10-DAY FREE LOOK PERIOD IF FOR ANY REASON HE WAS NOT SATISFIED. WE WERE NOT CONTACTED.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for ROXANNE YOUNG BRYANT, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.