Terry ALEXANDER Wheeler

Terry ALEXANDER Wheeler is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 7300 EAGLE CREST BLVD, EVANSVILLE, IN, 47715.

Terry ALEXANDER Wheeler has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since January 15, 2014

Disclosure History

Terry ALEXANDER Wheeler has 1 Disclosure Event(s).

Date: October 25, 2002
Category: Customer Dispute
Allegations: MISMANAGEMENT AND POOR PERFORMANCE DURING THE PERIOD OF AUGUST 2000 TO PRESENT
Damage Amount Requested: $514,000.00
Settlement Amount: $75,000.00
Broker Comment: I INHERITED [CUSTOMER'S] ACCOUNTS IN SEPT OF 1999 FROM THEIR PREVIOUS BROKER. [CUSTOMER] AND [CUSTOMER] DECIDED TO HIRE DONALDSON CAPITAL MANAGEMENT IN 2000. THIS COINCIDED WITH THE BEGINNING OF THE FALL OF THE STOCK MARKET. WE FELT THE INVESTMENTS RECOMMENDED WERE APPROPRIATE AND THE CUSTOMER WAS ADEQUATELY INFORMED OF THE RISKS. WE ARE CURRENTLY CHALLENGING THEIR CLAIMS IN ARBITRATION.

More Information

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