Advisor Alert: Our Attorneys Are Investigating Ryan Kenneth Stevens For Investment Fraud
Did You Lose Money Because of Ryan Stevens?
Filed: January 24, 2024
Ryan Stevens has been the subject of one (1) termination event and one (1) customer complaint. 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 Ryan Kenneth Stevens.
Who Is Ryan Kenneth Stevens of Ameriprise Financial Services, LLC?
- Advisor Name: Ryan Kenneth Stevens
- Aliases: Ryan Stevens
- CRD: 2987509
- Location: Farmington Hills, Michigan
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Wells Fargo Clearing Services, LLC and Raymond James & Associates, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Termination Events:
- Can Ryan Stevens Be Sued: Yes, in Private Arbitration
- Can Ryan Stevens’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: $4,719
If you have suffered investment losses by Ryan Stevens, 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 Ryan Stevens For Broker Misconduct
As of this publication date, Ryan Stevens has been the subject of 1 termination event and 1 customer dispute. Let’s review them below.
In October 2020, a complaint was filed against or in reference to Ryan Stevens by a customer of American Express Financial Advisors alleging that Mr. Stevens did not advise that she would be giving up lifetime income on an annuity that was surrendered and reinvested into a managed account. On February 11, 2021, Mr. Stevens settled the claim for $4,719, and some or all of this amount may have been paid by Mr. Stevens’s employer and/or insurance carrier.
In February 2006, Comerica Securities Inc. terminated Ryan Stevens for allegedly misrepresenting the nature of variable annuity transactions in order to avoid potential additional supervisory scrutiny of annuity exchanges, and to mask violations of the firm’s policy regarding the sale of variable annuities. Stevens facilitated the improper completion of variable annuity applications in that he indicated that the new annuity was not a replacement, despite the fact that he knew, or should have known, that the new annuity was being purchased using the proceeds from the surrender of another annuity.
How To File A Claim Against Ryan Stevens of Ameriprise Financial Services, LLC (previously with Wells Fargo Clearing Services, LLC and Raymond James & Associates, Inc.) To Get Your Money Back
If you have questions about Ryan Stevens, Ameriprise Financial Services, LLC, Wells Fargo Clearing Services, LLC, Raymond James & Associates, 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.