David Soiferman Accused Of Unauthorized Trading By Ameriprise Client

David Neil Soiferman (also known as Dave Soiferman), a securities broker based in Orlando, Florida (CRD: 1990243), is the subject of client complaints involving alleged investment losses, according to Financial Industry Regulatory Authority (FINRA) BrokerCheck disclosures. He worked for Ameriprise Financial Services LLC from April 16, 2010, to June 25, 2026. He has been registered with Cambridge Investment Research Inc. since July 21, 2026, and with Cambridge Investment Research Advisors Inc. since August 24, 2026. A closer look at the complaints and his departure from Ameriprise follows.

Ameriprise Discharged David Soiferman Over Alleged Mutual Fund Trading Policy Violations

Ameriprise Financial Services LLC discharged Soiferman on June 5, 2026. The firm alleged that he had failed to follow its policies governing trading strategies involving mutual funds. Soiferman disputed the firm's explanation, saying that his recommendations and transactions involved products available through its approved platform and were subject to its supervisory review process. He also said that, to his knowledge, no complaints connected to the termination were pending.

Ameriprise Client Accused David Soiferman Of Unauthorized Trading

On June 5, 2023, a client of Ameriprise Financial Services LLC filed a complaint alleging that Soiferman had traded in the client's account without authorization. The client said the trades occurred during December 2022 and involved mutual funds. The client claimed that the trades caused $37,000 in losses and sought that amount in compensation from Ameriprise Financial Services LLC or Soiferman. The complaint was denied on July 6, 2023.

Ameriprise Client Alleged David Soiferman Failed To Follow Stock Sale Instructions

In a complaint dated January 9, 2023, a client of Ameriprise Financial Services LLC alleged that Soiferman had solicited the sale of shares in an individual stock despite their prior agreement not to sell them. The client claimed that this resulted in losses involving over-the-counter equities. The client sought $33,449.43 in compensation from Ameriprise Financial Services LLC or Soiferman for the claimed losses. The complaint was denied on February 8, 2023.

Seeking Help With Investment Losses Involving David Soiferman?

Investors who believe they lost money because of David Soiferman can contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney about the possibility of recovering their investment losses. Soreide Law Group has recovered losses for investors throughout the United States. The firm works on a contingency fee basis and advances all costs. Soiferman and the brokerage firms he worked for deny allegations of sales practice violations.