VICTOR LOUIS LAROSA is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 16155 NORTH 83RD AVENUE, SUITE 100, PEORIA, AZ, 85382.
VICTOR LOUIS LAROSA has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
VICTOR LOUIS LAROSA has 2 Disclosure Event(s).
Date: June 19, 2007 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT THE INVESTMENT RECOMMENDATIONS MADE BY THE FINANCIAL ADVISOR WERE UNSUITABLE. CLIENT FURTHER ALLEGES THAT THERE WAS TOO MUCH RISK IN THE FORM OF CONCENTRATION IN JUST A FEW SPECIALIZED SECTOR MUTUAL FUNDS. TIME FRAME: JUNE 2001 TO PRESENT. ALLEGED DAMAGES ESTIMATED TO BE IN EXCESS OF $5,000.
Date: October 04, 2004 Category: Customer Dispute Allegations: CLIENT'S SON ALLEGING THAT INVESTMENTS WERE MADE THAT WERE NOT SUITABLE FOR HIS ELDERLY FATHER. IN PARTICULAR, MUTUAL FUNDS WITH BACK END LOADS (B SHARES). CLIENT REQUESTING THAT CDSCS AND COMMISSIONS BE RETURNED. Damage Amount Requested: $35,125.91 Broker Comment: MY CLIENT'S SON BELIEVES THAT FULL SERVICE BROKERAGE ADVICE IS TOO EXPENSIVE. HOWEVER, MY CLIENT HAS ALWAYS BEEN AWARE THAT HE PAID FOR SERVICES FROM A FULL SERVICE BROKERAGE FIRM AND HAS NEVER TAKEN ISSUE WITH THE RESULTING EXPENSES. WHENEVER POSSIBLE I CHOOSE THE MOST COST EFFICIENT INVESTMENT VEHICLES AVAILABLE, THAT INCLUDED THE USE OF CLASS "B" MUTUAL FUNDS WITH NO UP FRONT FEE AND A SURVIVOR PROVISION WAIVING SURRENDER CHARGES IN THE EVENT OF DEATH.
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