Losses Caused by Securian Financial Services, Inc.
Our Investment Loss Attorneys Are Here for You
Securian Financial Services, Inc. is a registered brokerage and investment
adviser firm. In Securian's own words, "[Our] advisors' advice
and recommendations are geared to your goals, your timeframe and the amount
of risk you are comfortable taking. With an investment advisory program,
the financial advisor becomes your ally in helping you achieve your goals."
This should be every brokerage and investment advisor firm's goal.
When this does not happen, and brokers act in their own best interests
rather than their clients', clients can suffer serious financial losses.
If you entrusted your money with Securian or one of its registered brokers
and you lost a substantial amount of money, we may be able to help you
recover your losses.
About Securian Financial Services, Inc.
Securian Financial is registered with the SEC as well as in 51 U.S. states
and territories. Its main office is located in St. Paul, Minnesota. You
can view a full list of Securian financial advisors and registered representatives
here. Securian is one of the largest brokerages in the nation that offers financial
security for both individuals and businesses. Some of the investment services
Securian offers include:
- Stocks and bonds
- Variable annuities
- Brokerage services
Mutual funds, and more
History or Regulatory Events, Arbitration, and Bond
Securian Financial Services, Inc. has a total of 21 disclosure events listed
on its FINRA BrokerCheck® report. This includes 9 regulatory events,
2 arbitration events, and 10 bond events.
In February 2009, the division accused Securian of failing to supervise
one of its brokers who made an unsuitable investment recommendation to
elderly investors. Securian consented and the monetary fine ordered for
this event was $79,445.
In May 2004, after arbitration, Securian was required to pay over $7,000
over allegations that a Securian broker
breached their fiduciary duty,
misrepresented account activity, and committed various other acts of account-related
negligence. In August 2010, in a separate arbitration, Securian was ordered
to pay more than $2.3 million in relief after allegations of misrepresentation,
failure to supervise, and related acts of negligence.
Did you suffer investment losses caused by Securian Financial?
If you entrusted your money to Securian or one of its registered brokers
and you lost a substantial amount of money, we invite you to contact Meyer
Wilson. Our team of skilled investment attorneys and former brokers are
here to help you uncover what happened, and discover any acts of negligence
that may be cause for legal action. Contact a stockbroker fraud attorney
at our firm to discuss your case by calling 888.390.6491 or filling out a
free consultation form.