Investors apparently complained about securities broker Richard Timothy Kersting Jr. [CRD: 1835418, Naples, Florida], based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kersting worked for Ameriprise Financial Services LLC from October 20, 2021, to the present, and previously for Bruderman Asset Management LLC and Bruderman Brothers LLC from March 18, 2015, to October 28, 2021. See the following information to learn more about the disclosures involving this securities broker.
Particularly, on February 2, 2026, an Ameriprise Financial Services LLC client filed FINRA Arbitration No. 26-00065 about Richard Kersting. Primarily, the client alleged that Kersting made unsuitable recommendations by suggesting an overly aggressive investment strategy that did not align with their investment profile. Because of this, the client allegedly incurred damages relating to variable annuities and stocks. As a result, the client requested $500,000 in compensation from Ameriprise Financial Services LLC or Kersting. BrokerCheck shows that this arbitration is pending a resolution.
Notably, a client of Southwick Investments and Josephthal Co. Inc. disputed Richard Kersting’s sales practices by filing NASD Arbitration No. 02-20948. Allegedly, Kersting engaged in churning, made misrepresentations, and made unsuitable recommendations. It appears that Kersting allegedly caused the client to suffer damages. Therefore, Southwick Investments and Josephthal Co. Inc. opted to settle the matter on July 23, 2003, by compensating the client in the amount of $24,500.
Did you experience losses because of Richard Kersting? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the United States. Also, the firm works on a contingency fee arrangement and advances all costs. Kersting and brokerage firms Kersting worked for deny any accusations of sales practice violations.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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