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Did You Lose Money Because of Alec Pedersen?

Filed: January 17, 2024

Alec Pedersen has been the subject of two (2) 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 Alec Nels Pedersen.

Who Is Alec Nels Pedersen of Ameriprise Financial Services, LLC?

  • Advisor Name: Alec Nels Pedersen
  • Aliases: Alec Pedersen
  • CRD: 4497387
  • Location: Los Angeles, California
  • Current Employer: Ameriprise Financial Services, LLC
  • Previous Firms: IDS Life Insurance Company
  • Number of Known Customer Complaints: 2
  • Can Alec Pedersen Be Sued: Yes, in Private Arbitration
  • Can Alec Pedersen’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $30,485.31
  • Highest Settlement: Unknown

If you have suffered investment losses by Alec Pedersen, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud 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 Alec Pedersen For Broker Misconduct

As of this publication date, Alec Pedersen has been the subject of 2 customer disputes. Let’s review them below.

In July 2019, a complaint was filed against or in reference to Alec Pedersen by a customer of Ameriprise Financial Services, LLC alleging that the recommendation provided by Mr. Pedersen to purchase two RiverSource Variable Annuities in 2016 was not in the client’s best interest. Per the customer, he/she lost over $30,485.31 because of Mr. Pedersen’s actions.

In January 2004, a complaint was filed against or in reference to Alec Pedersen by a customer of American Express Financial Advisors alleging that Mr. Pedersen was involved in misappropriation of funds, insurance fraud, negligence, mismanagement of funds and breach of contract. Per the customer, he/she lost over $7,500 because of Mr. Pedersen’s actions.

How To File A Claim Against Alec Pedersen of Ameriprise Financial Services, LLC (previously with IDS Life Insurance Company) To Get Your Money Back

If you have questions about Alec Pedersen, Ameriprise Financial Services, LLC, IDS Life Insurance Company, 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.

Author Photo

Chetan Patil

Chetan Patil is the founder and Managing Partner of the Patil Law. He brings over 15 years of extensive experience in diverse complex disputes and transactions, across the country. Mr. Patil specializes in litigations, trials, arbitrations, and appeals of complex securities, FINRA, financial and business disputes, with an emphasis in securities, financial services, and financial regulatory law.
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