Investors apparently complained about securities broker Charles Kenneth Wareham [CRD: 2193537, Hartford, Connecticut], according to publicly available information on FINRA BrokerCheck. Evidently, Charles Wareham has been registered with Independent Financial Group LLC since March 14, 2014. Readers are encouraged to continue below for details about the disclosures involving Wareham.
Notably, a client of Independent Financial Group LLC filed FINRA Arbitration No. 24-00539 about Charles Wareham. The client alleged that Wareham made unsuitable recommendations that were inconsistent with their investment objectives. For this reason, the client allegedly incurred damages relating to real estate investment trusts. As a result, on April 28, 2025, Independent Financial Group LLC settled this matter by paying the client $14,999 in damages.
Specifically, a client of American Express Financial Advisors disputed Charles Wareham’s sales practices, according to a complaint. Allegedly, Wareham failed to disclose that the source of funds for a mutual fund purchase was the client’s variable annuity. It appears that Wareham caused the client to sustain damages. Consequently, American Express Financial Advisors opted to settle the matter on April 23, 2004.
Evidently, on September 30, 2003, an American Express Financial Advisors client filed a complaint about Charles Wareham. The client alleged that Wareham made misrepresentations of material fact about a variable universal life policy and failed to disclose features. Because of this, the investor allegedly sustained damages. Therefore, the client requested $17,550 in compensation from American Express Financial Advisors or Wareham. However, the firm denied this complaint.
Do you need clarification on any investment losses associated with Charles Wareham? You can get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Wareham and brokerage firms Wareham worked for deny accusations of sales practice violations.
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