THOMAS WAY BAYLEY is currently employed as a Broker and/or Investment Adviser at PRIVATE CLIENT SERVICES, LLC located at 501 Avery Street, Parkersburg, WV, 26101.
THOMAS WAY BAYLEY has worked at PRIVATE CLIENT SERVICES, LLC since November 03, 2015
Disclosure History
THOMAS WAY BAYLEY has 3 Disclosure Event(s).
Date: December 30, 2004 Category: Regulatory
Date: September 24, 2002 Category: Employment Separation After Allegations Firm Name: WOODBURY FINANCIAL SERVICES Termination Type: Discharged Allegations: CUSTOMER COMPLAINT ALLEGING THAT REPRESENTATIVE SOLD VIATICAL IN 1999 WAS RECEIVED. REP DID NOT DENY ALLEGATION. WOODBURY FINANCIAL SERVICES PROHIBITS THE SALE OF VIATICALS. Broker Comment: REPRESENTATIVE WAS TERMINATED ON 9/24/2002 FOR VIOLATION OF COMPANY POLICY AGAINST THE SALE OF VIATICALS.
Date: August 19, 2002 Category: Customer Dispute Allegations: CLIENTS ALLEGE THT REP SAID ANNUITY VALUE WOULD INCREASE 3% PER YEAR. IN OCTOBER, 1999, THE CLIENT PURCHASED A VARIABLE ANNUITY CONTRACT. A BROCHURE AND PROSPECTUS SHOWING THE GUARANTEED DEATH BENEFIT PROVISION IN THE CONTRACT WAS GIVEN TO THE CLIENT. THE PROVISION IN THE CONTRACT THAT SHOWED A MAXIMUM OF A 3% INCREASE IN THEIR DEATH BENEFIT WAS EXPLAINED AND THE CLIENT SIGNED THE CONTRACT. Damage Amount Requested: $27,000.00 Settlement Amount: $80,000.00
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