Eric Kubiak Facing Ameriprise Client’s Suitability Dispute Following FINRA Bar

Investors possibly experienced losses because of securities broker Eric Vance Kubiak [CRD: 4637674, Cheektowaga, New York], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Eric Kubiak worked for Ameriprise Financial Services LLC from August 12, 2008, to April 6, 2023. Check out the following information about the disclosures involving this securities broker.

Ameriprise Investor Accused Kubiak Of Unsuitable Recommendations

Specifically, on March 28, 2025, an Ameriprise Financial Services LLC client filed FINRA Arbitration No. 25-00625 about Eric Kubiak. Supposedly, Kubiak gave unsuitable advice about illiquid real estate investments, life insurance products, variable annuities, and fixed annuities. As a result, the client requested $6,075,978.00 in compensation from Ameriprise Financial Services LLC or Kubiak. Evidently, this arbitration is pending a resolution.

FINRA Sanctioned Eric Kubiak For Failure To Provide Documents And Information During Investigation

Also, on December 14, 2023, FINRA issued AWC: 2023078422601 sanctioning Eric Kubiak. Kubiak was permanently barred from associating with any FINRA member in all capacities. Namely, FINRA alleged that Kubiak failed to provide documents and information requested during an investigation into potential involvement with undisclosed outside business activities. Some of those activities potentially involved crypto assets.

According to the findings, Kubiak initially submitted a partial but incomplete response to FINRA’s request for information. His response did not fully comply with the regulator’s inquiry. Eventually, Kubiak refused to produce the outstanding information and documents, citing confidentiality concerns.

Kubiak consented to the sanction through an Acceptance, Waiver Consent (AWC) agreement. The bar was effective as of December 14, 2023, and remains indefinite in duration.

Kubiak Resigned For Issues Related To Potential Undisclosed Outside Business Activity

Evidently, Ameriprise Financial Services LLC disaffiliated with Kubiak on March 21, 2023. Allegedly, Kubiak resigned after being suspended on March 9, 2023, while under internal review for possible unauthorized outside business activities.

Seeking More Information About Financial Advisor / Securities Broker Eric Kubiak?

Did you experience losses because of Eric Kubiak? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities lawyer concerning a potential recovery. Soreide Law Group has years of experience recovering losses for investors throughout the country. The law firm also takes cases on a contingency fee basis and advances all costs. Kubiak and the securities firms Kubiak worked for deny allegations of sales practice violations.