Did You Lose Money Because of Alan Holt?
Filed: January 18, 2024
Alan Holt has been the subject of four (4) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Alan Cormack Holt.
Who Is Alan Cormack Holt of Ameriprise Financial Services, LLC?
- Advisor Name: Alan Cormack Holt
- Aliases: Alan Holt
- CRD: 1497129
- Location: San Diego, California
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Ameriprise Advisor Services, Inc. and Citi Group Global Markets Inc.
- Number of Known Customer Complaints: 4
- Can Alan Holt Be Sued: Yes, in Private Arbitration
- Can Alan Holt’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,001
- Highest Settlement: $30,000
If you have suffered investment losses by Alan Holt, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Alan Holt For Broker Misconduct
As of this publication date, Alan Holt has been the subject of 4 customer disputes. Let’s review them below.
In April 2019, a FINRA arbitration was filed against or in reference to Alan Holt by multiple customers of American Express Financial Advisors alleging that in 2011, Mr. Holt recommended an unsuitably high amount of trading which generated a high amount of commissions. Per the customers, they lost over $100,001 because of Mr. Holt’s actions. On June 30 2020, Mr. Holt settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Holt’s employer and/or insurance carrier.
In July 2016 a complaint was filed against or in reference to Alan Holt by a customer of Ameriprise Financial Services, LLC alleging that Mr. Holt misled the client and purchased variable annuities instead of fixed or indexed annuities in July 2013. Per the customer, he/she lost over $13,875.65 because of Mr. Holt’s actions.
In May 2015 a complaint was filed against or in reference to Alan Holt by a customer of Ameriprise Financial Services, LLC alleging that the client was invested into a mutual fund share class that was not appropriate for the client’s situation on May 21, 2014. Per the customer, he/she lost over $24,800.56 because of Mr. Holt’s actions.
In April 1997, a complaint was filed against or in reference to Alan Holt by a customer of Dean Witter Reynolds Inc. alleging unauthorized purchases in the client’s account in March, 1997.
How To File A Claim Against Alan Holt of Ameriprise Financial Services, LLC (previously with Ameriprise Advisor Services, Inc. and Citi Group Global Markets Inc.) To Get Your Money Back
If you have questions about Alan Holt, Ameriprise Financial Services, LLC, Ameriprise Advisor Services, Inc., Citi Group Global Markets Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.
