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Did You Lose Money Because of Michael Snyder?

Filed: January 24, 2024

Michael Snyder has been the subject of three (3) 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 Michael William Snyder.

Who Is Michael William Snyder of Ameriprise Financial Services, LLC?

  • Advisor Name: Michael William Snyder
  • Aliases: Michael Snyder
  • CRD: 4937182
  • Location: Red Bank, New Jersey
  • Current Employer: Ameriprise Financial Services, LLC
  • Previous Firms: Securities America, Inc. and IDS Life Insurance Company
  • Number of Known Customer Complaints: 3
  • Can Michael Snyder Be Sued: Yes, in Private Arbitration
  • Can Michael Snyder’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $31,000
  • Highest Settlement: Unknown

If you have suffered investment losses by Michael Snyder, 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 Michael Snyder For Broker Misconduct

As of this publication date, Michael Snyder has been the subject of 3 customer disputes. Let’s review them below.

In August 2020, a complaint was filed against or in reference to Michael Snyder by a customer of Ameriprise Financial Services, LLC alleging that Mr. Snyder made a poor recommendation to purchase HYMCX on February 27, 2020, because the client suffered a loss on the investment. Per the customer, she lost over $31,000 because of Mr. Snyder’s actions.

In January 2009, a complaint was filed against or in reference to Michael Snyder by a customer of Ameriprise Financial Services, LLC alleging that Mr. Snyder did not disclose fees associated with the life insurance policy he purchased in 2008. Per the customer, he lost over $8,612.50 because of Mr. Snyder’s actions.

In September 2007, a complaint was filed against or in reference to Michael Snyder by a customer of Ameriprise Financial Services, LLC alleging that Mr. Snyder provided misinformation on the surrender charges of the variable life insurance policy. Per the customer, he lost over $7,216.82 because of Mr. Snyder’s actions.

How To File A Claim Against Michael Snyder of Ameriprise Financial Services, LLC (previously with Securities America, Inc. and IDS Life Insurance Company) To Get Your Money Back

If you have questions about Michael Snyder, Ameriprise Financial Services, LLC, IDS Life Insurance Company, Securities America, 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.

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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