DID KELLY ALLEN WOERDEMAN CAUSE YOU INVESTMENT LOSSES?
Kelly Woerdeman Of Ameriprise Financial Services, LLC Has A Customer Complaint For Alleged Broker Misconduct
About Kelly Woerdeman of Ameriprise Financial Services, LLC?
Kelly Woerdeman (CRD #4834916) presents a troubled history marked by regulatory challenges and professional missteps. Registered with Ameriprise Financial Services, LLC in Massachusetts since November 2017, Woerdeman’s career includes a track record of frequent employer changes, indicative of possible instability or dissatisfaction within the industry. Despite being licensed in 20 U.S. states and territories, his qualifications are limited to two general industry/product exams and one multi-state securities law exam, lacking any principal/supervisory credentials. This limited range of qualifications, coupled with a history of criminal charges and customer disputes, casts a shadow over his professional integrity and reliability.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Kelly Woerdeman Customer Complaint and Reviews
- Total Incidents: 1 Criminal Charge, 1 Customer Dispute
- Criminal Charge (Resolved)
- Date Charged: June 2, 1996
- Outcome: Originally charged with felony burglary, Woerdeman pled not guilty and the charge was later reduced to misdemeanor breaking and entering, to which he pled guilty on November 25, 1996. He received probation for one year.
- Customer Dispute (Denied)
- Date Filed: May 2, 2023
- Allegations: A client’s attorney-in-fact alleged that Woerdeman failed to adjust the client’s investment portfolio to more conservative investments considering the client’s age and investment goals.
- Outcome: The complaint was denied on September 12, 2023. Woerdeman maintained that the investments were aligned with the client’s stated objectives and risk tolerance, arguing against any need for reallocation due to market conditions or personal circumstances.
Allegations Against Kelly Woerdeman
- Failure to Adjust Investment Strategy: Woerdeman was accused of not adapting the investment strategy of a client’s portfolio to reflect the client’s age and changing investment goals, a potential neglect of his fiduciary duty to act in the client’s best interest.
- Unauthorized Trading Activities: The customer dispute also implied that there was unauthorized trading within the portfolio, suggesting a disregard for the required authorization and transparency with clients.
These allegations, combined with his criminal history, suggest a pattern of questionable judgment and professional practices that could be concerning to some.
Kelly Woerdeman Red Flags & Your Rights As An Investor
Of course, Kelly Woerdeman did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Kelly Woerdeman at Ameriprise Financial Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Kelly Woerdeman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Ameriprise Financial Services, LLC Due To Kelly Woerdeman
If you have questions about Ameriprise Financial Services, LLC and/or Kelly Woerdeman and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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