Investors might have sustained losses due to securities broker Allison Jean Terlip [CRD: 5530486, Navarre, Florida], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Specifically, Terlip worked for Ameritas Investment Company LLC from July 21, 2022 to October 12, 2023; MML Investors Services LLC from August 1, 2019 to May 10, 2022; and […]

Investors may have incurred losses because of securities broker Michael Alan Robertson [CRD: 1634076, Greensboro, North Carolina], based on public information reported on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Robertson worked for Morgan Stanley from June 1, 2009 to January 9, 2025. See the following information to find out more about the securities broker’s […]

Phillip John Bucaro (CRD #2171289, West Chicago, Illinois) was fined $7,500 and suspended by FINRA for four months for allegedly selling unapproved equity-indexed annuities (EIAs) to the clients in his firm and Bucaro receiving approximately $203,000 for those sales. FINRA's findings stated that the firm had an approved EIA list that it allowed its representatives […]

Recently, on the Financial Regulatory Industry Authority's (FINRA) website, they posted a very valuable article on equity-indexed annuities. The following information is from this article. "Sales of equity-indexed annuities (EIAs)—also known as "fixed-indexed insurance products" and "indexed annuities"—have grown considerably in recent years. Although one insurance company at one time included the word "simple" in […]