Advisor Alert: Our Attorneys Are Investigating Theodore Michael Elliott For Investment Fraud
Did You Lose Money Because of Theodore (Ted) Elliott?
Filed: January 29, 2024
Theodore Elliott (also known as Ted Elliott) has been the subject of two (2) customer complaints and one (1) termination event. 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 Theodore Michael Elliott.
Who Is Theodore Michael Elliott of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.?
- Advisor Name: Theodore Michael Elliott
- Aliases: Ted Elliott
- CRD: 1901850
- Location: White Bear Lake, Minnesota
- Current Employer: Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.
- Previous Firms: Wells Fargo Advisors, LLC and Wells Fargo Investments, LLC.
- Number of Known Customer Complaints: 2
- Number of Known Termination Events: 1
- Can Theodore Elliott Be Sued: Yes, in Private Arbitration
- Can Theodore Elliott’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $5,500
- Highest Settlement: $34,772.27
If you have suffered investment losses by Theodore Elliott, 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 Theodore (Ted) Elliott For Broker Misconduct
As of this publication date, Theodore Elliott has been the subject of 2 customer disputes and 1 termination event. Let’s review them below.
In January 2012, a complaint was filed against or in reference to Theodore Elliott by a customer of Raymond James Financial Services, Inc. alleging unsuitable investments. Per the customer, he/she lost over $5,500 because of Mr. Elliott’s actions.
In January 2012, a complaint was filed against or in reference to Theodore Elliott by multiple customers of Wells Fargo Advisors, LLC alleging that the annuity they bought from their FA was not sold to them in the right way. The customers were told the death benefit would double from $500,000 to $1,000,000 and that they would always be able to pull money out. On May 2, 2012, Mr. Elliott settled the claim for $34,772.27, and some or all of this amount may have been paid by Mr. Elliott’s employer and/or insurance carrier.
In March 2002, Financial Network Investment Corporation terminated Theodore Elliott for alleged violation of company policy and procedures.
How To File A Claim Against Theodore (Ted) Elliott of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc. (previously with Wells Fargo Advisors, LLC and Wells Fargo Investments, LLC.) To Get Your Money Back
If you have questions about Theodore Elliott, Raymond James Financial Services, Inc., Raymond James Financial Services Advisors, Inc., Wells Fargo Advisors, LLC, Wells Fargo Investments, 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.