Vincent Ferrara Faced Merrill Lynch Investor Complaint About Misappropriation

Investors apparently complained about securities broker Vincent Thomas Ferrara Jr. [CRD: 1791902, Garden City, New York], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Ferrara worked for Merrill Lynch Pierce Fenner Smith Incorporated from June 6, 2008, to February 22, 2024, and has been registered with Ameriprise Financial Services LLC since February 2024. Keep reading for details about Ferrara’s disclosures.

Merrill Lynch Investor Accused Ferrara Of Misappropriation

Notably, on September 19, 2025, a Merrill Lynch client filed a complaint about Vincent Ferrara. Mainly, the client alleged that Ferrara misappropriated funds. For this reason, the client allegedly incurred damages. Consequently, the client requested $2,000,000 in compensation from Merrill Lynch or Ferrara.

Ameriprise Financial Services LLC Investor Accused Vincent Ferrara Of Omissions

Evidently, a client filed a complaint about Vincent Ferrara. Primarily, the client alleged that Ferrara failed to inform her that a call order on certain funds was possible. Because of this, the client allegedly sustained damages relating to unit investment trusts. Therefore, on May 24, 2013, Ameriprise Financial Services LLC settled this matter.

Ferrara Disclosed Omissions Allegations By Citicorp Investment Services Client

Also, a client of Citicorp Investment Services disputed Vincent Ferrara’s sales practices, according to a complaint dated March 16, 2000. Allegedly, Ferrara failed to inform her about surrender charges and tax liability associated with annuity withdrawals. It appears that Ferrara allegedly caused the client to sustain damages. As a result, the client sought compensation from Citicorp Investment Services or Ferrara in the amount of $6,000 in this matter. However, the firm denied this complaint.

Were You Impacted By Financial Advisor / Securities Broker Vincent Ferrara?

Did you suffer any investment-related losses because of Vincent Ferrara? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Ferrara and brokerage firms Ferrara worked for deny accusations of sales practice violations.