Advisor Alert: Our Attorneys Are Investigating Phillip Adam Rademacher For Investment Fraud
Did You Lose Money Because of Phillip (Phill) Rademacher?
Filed: January 30, 2024
Phillip Rademacher (also known as Phill Rademacher) 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 Phillip Adam Rademacher.
Who Is Phillip Adam Rademacher?
- Advisor Name: Phillip Adam Rademacher
- Aliases: Phill Rademacher
- CRD: 2233448
- Location: Lawrence, Kansas
- Current Employer: Currently Not Registered
- Previous Firms: Raymond James Financial Services, Inc., American Express Financial Advisors Inc., and IDS Life Insurance Company
- Number of Known Customer Complaints: 2
- Can Phillip Rademacher Be Sued: Yes, in Private Arbitration
- Can Phillip Rademacher’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $530,000
- Highest Settlement: $185,000
If you have suffered investment losses by Phillip Rademacher, 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 Phillip (Phill) Rademacher For Broker Misconduct
As of this publication date, Phillip Rademacher has been the subject of 2 customer disputes. Let’s review them below.
In July 2019, a FINRA arbitration was filed against or in reference to Phillip Rademacher by a customer of Raymond James Financial Services, Inc. alleging excessive trading and suitability. Per the customer, he/she lost over $530,000 because of Mr. Rademacher’s actions. On January 8, 2021, Mr. Rademacher settled the claim for $185,000, and some or all of this amount may have been paid by Mr. Rademacher’s employer and/or insurance carrier.
In September 2003, a complaint was filed against or in reference to Phillip Rademacher by a customer of American Express Financial Advisors alleging that the client lost over 60% of their portfolio which they believe was due to poor advice. Per the customer, he/she lost over $5,000 because of Mr. Rademacher’s actions.
How To File A Claim Against Phillip (Phill) Rademacher (previously with Raymond James Financial Services, Inc., American Express Financial Advisors Inc., and IDS Life Insurance Company) To Get Your Money Back
If you have questions about Phillip Rademacher, Raymond James Financial Services, Inc., American Express Financial Advisors Inc., 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.