Advisor Alert: Our Attorneys Are Investigating Guy Anthony Colella For Investment Fraud
Did You Lose Money Because of Guy Colella?
Filed: March 12, 2024
Guy Colella currently has one (1) pending customer complaint. Overall, he 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 Guy Anthony Colella.
Who Is Guy Anthony Colella of Ameriprise Financial Services, LLC?
- Advisor Name: Guy Anthony Colella
- Aliases: Guy Colella
- CRD: 1646164
- Location: Boca Raton, Florida
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Raymond James & Associates, Inc. and Janney Montgomery Scott LLC
- Number of Known Customer Complaints: 4
- Can Guy Colella Be Sued: Yes, in Private Arbitration
- Can Guy Colella’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $420,000
- Highest Settlement: $14,000
If you have suffered investment losses by Guy Colella, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment 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 Guy Colella For Broker Misconduct
As of this publication date, Guy Colella has been the subject of 4 customer disputes. Let’s review them below.
In April 2023, a FINRA arbitration was filed against or in reference to Guy Colella by multiple customers of Ameriprise Financial Services, LLC alleging that beginning in March 2021, Mr. Colella made unsuitable investment recommendations including recommending they surrender annuities and invest in unsuitable stocks and mutual funds. The claimants also allege breach of fiduciary duty, excessive trading, and inappropriately coding their accounts with a risk tolerance and investment objective inappropriate for their age. In addition, claimants allege failure to supervise. Per the customers, they lost over $420,000 because of Mr. Colella’s actions. As of this publication date, this claim remains pending.
In March 2023, a complaint was filed against or in reference to Guy Colella by a customer of Ameriprise Financial Services, LLC alleging that Mr. Colella breached his fiduciary duty by recommending unsuitable investments, engaging in excessive trading, and inappropriately coding accounts with a risk tolerance and investment objective inappropriate for their age. Per the customer, he/she lost over $420,000 because of Mr. Colella’s actions.
In July 2001, a complaint was filed against or in reference to Guy Colella by a customer of Janney Montgomery Scott LLC alleging unauthorized trading. Per the customer, he/she lost over $35,000 because of Mr. Colella’s actions. On November 14, 2002, Mr. Colella settled the claim for $14,000, and some or all of this amount may have been paid by Mr. Colella’s employer and/or insurance carrier.
In November 1998, a complaint was filed against or in reference to Guy Colella by a customer of Prudential Securities Inc. alleging that mutual funds were sold and the proceeds invested in closed end funds of a similar nature, solely to generate necessary commissions. Per the customer, he/she lost over $25,000 because of Mr. Colella’s actions.
How To File A Claim Against Guy Colella of Ameriprise Financial Services, LLC (previously with Raymond James & Associates, Inc. and Janney Montgomery Scott LLC) To Get Your Money Back
If you have questions about Guy Colella, Ameriprise Financial Services, LLC, Raymond James & Associates, Inc., Janney Montgomery Scott LLC, 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.