DID DAVID EDWIN NIESET CAUSE YOU INVESTMENT LOSSES?
About David Nieset Of LPL Financial LLC?
David Nieset (CRD #1621370) is a seasoned securities broker currently affiliated with LPL Financial LLC in South Bend, Indiana, where he has been registered since December 2, 2021. Over his career, Nieset has been associated with multiple firms across various states. Specifically, he has worked with seven firms since his initial registration in the securities industry. His broad experience spans several registrations, including past affiliations with Avantax Advisory Services and Chubb Securities Corporation among others. Nieset has passed a total of three industry exams: two general industry/product exams and one multi-state securities law exam. He is licensed in seven U.S. states and territories, reflecting a significant geographic span of his professional credentials.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
David Nieset Customer Complaints and Reviews
David Edwin Nieset has a single disclosure event on his record:
- Customer Dispute (1 incident): There was one customer dispute reported on June 9, 2023, where the customer alleged failure to disclose an early withdrawal schedule related to a mutual fund. The complaint was later denied on August 2, 2023, as it was determined to be without merit. The allegations were related to a misunderstanding about the investment terms, which were found to be appropriately discussed and disclosed to the client.
Allegations Against David Nieset
- Customer Dispute:
- Date of Incident: June 14, 2022 – June 7, 2023
- Date Complaint Received: June 9, 2023
- Allegations: Customer alleged that Nieset failed to disclose the early withdrawal schedule associated with a mutual fund investment.
- Outcome: The complaint was denied on August 2, 2023. The review concluded that the complaint was without merit, and the investments and terms had been properly disclosed to the client. The dissatisfaction stemmed from the client’s spouse’s preference to move to another broker, influenced by fee considerations.
David Nieset Red Flags & Your Rights As An Investor
Of course, David Nieset 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 David Nieset at LPL Financial LLC and Avantax investment Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether David Niesethas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC and Avantax investment Services, Inc. also raises questions about the brokerage firms’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 LPL Financial LLC Due To David Nieset
If you have questions about LPL Financial LLC, Avantax investment Services, Inc. and/or David Nieset 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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