DID MICHAEL GLEN NIELSON CAUSE YOU INVESTMENT LOSSES?
About Michael Nielson Of IFP Securities, LLC?
Michael Nielson (CRD #4546896) is currently registered with Independent Financial Partners and IFP Securities, LLC in Greenwood Village, Colorado, since August 15, 2019. His professional career includes previous registrations with Cetera Advisors LLC, LPL Financial LLC, and Edward Jones, indicating a diverse experience within significant brokerage firms. Nielson is registered in 23 U.S. states and territories and has passed one principal/supervisory exam along with two general industry/product exams and two multi-state securities law exams. His wide registration range and various exams passed demonstrate a broad and extensive understanding of the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Nielson Customer Complaints and Reviews
Michael Glen Nielson has one reported customer dispute:
- Customer Dispute (Pending as of August 2023): The dispute involves allegations that Nielson recommended a high-risk, high-commission illiquid investment (GWG Holdings, Inc.) that was unsuitable for the clients’ financial situation, investment objectives, and risk tolerance. The clients claim that Nielson misrepresented the investment, leading to alleged damages of $150,000.
Allegations Against Michael Nielson
The specific allegations made against Michael Glen Nielson in the reported customer dispute include:
- Improper Investment Recommendation: Accusations that Nielson recommended an investment unsuitable for the clients’ financial profiles, which included high risk and lack of liquidity, not aligning with their investment objectives or risk tolerance.
- Misrepresentation: Allegations that Nielson misrepresented the nature of the investment, possibly regarding its safety, liquidity, and potential returns, which contradicted the clients’ conservative investment needs.
Michael Nielson Red Flags & Your Rights As An Investor
Of course, Michael Nielson 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 Michael Nielson at IFP Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Michael Nielson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at IFP Securities, 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 IFP Securities, LLC Due To Michael Nielson
If you have questions about IFP Securities, LLC and/or Michael Nielson 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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