Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Rodney Wayne Rich Jr. (also known as Rod Rich Jr., Rodney W. Rich, Rodney Rich) [CRD: 714642, Bellevue, Washington].
Rodney Rich Jr. has been registered with Ameriprise Financial Services, LLC, since April 29, 2016. Recent disclosures reveal concerns about Rich’s conduct, including allegations involving variable annuities and inadequate client account monitoring.
On August 22, 2024, a client of Ameriprise Financial Services, LLC, filed a written complaint alleging that Rich Jr. failed to monitor her MetLife annuity contracts, leading to poor advice regarding her lifetime income. The complaint focused on variable annuities and claimed that these actions caused financial harm.
This matter was resolved the same day, with Ameriprise Financial Services, LLC, agreeing to settle the case by paying the client $928,968.03. Rodney Rich Jr. did not contribute to the settlement amount.
On October 3, 2012, a client of MetLife Securities alleged that a variable annuity purchased through Rich Jr. in March 2005 was not suitable for their investment needs. The client did not specify a compensatory damages amount but indicated that potential damages could exceed $5,000.
This complaint was denied by MetLife Securities on January 18, 2013. No settlement was reached, and no compensation was awarded in the matter.
If so, reach out to Soreide Law Group online here or call (888) 760-6552 to speak with a securities attorney. Soreide Law Group works to recover losses caused by sales practice violations, though recovery is not guaranteed. Rich and the firms he worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com