DID ROBERT PAUL CARAVEO CAUSE YOU INVESTMENT LOSSES?
About Robert Caraveo of Northwestern Mutual Investment Services, LLC?
Robert Caraveo (CRD #5683459) , located in San Diego, California, is currently employed with Northwestern Mutual Investment Services, LLC as a registered broker and investment adviser since May 3, 2010. He is also affiliated with Northwestern Mutual Life Insurance Company and Northwestern Mutual Wealth Management Company. His primary office is in San Diego, California Mr. Caraveo has passed six industry exams, including one principal/supervisory exam, three general industry/product exams, and two multi-state securities law exams. He holds licenses in 34 U.S. states and territories, with registrations approved between 2010 and 2024. His qualifications include the Series 26, 7, 65, and 63 exams, demonstrating comprehensive knowledge in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Robert Caraveo Customer Complaints and Reviews
One reported disclosure was noted in his record:
- Customer Dispute Filed October 22, 2024.
- Complaint: The customer alleged that variable life insurance policies were misrepresented as an investment account. The customer requested a refund of the premiums paid
- Alleged Damages: at least $5,000.
- Status: Pending, no settlement amount has been determined, and the damages have not been specifically quantified.
Allegations Against Robert Caraveo
The pending customer dispute raises concerns about the presentation of variable life insurance policies. The customer alleges the policies were inaccurately described as investment accounts, potentially misleading them regarding the nature of the financial product.
- Key points about this disclosure include:
- Allegations: Misrepresentation of variable life insurance as an investment account.
- Customer Request: Refund of premiums paid.
Robert Caraveo Red Flags & Your Rights As An Investor
Of course, Robert Caraveo 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 Robert Caraveo at Northwestern Mutual Investment Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Robert Caraveo has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Northwestern Mutual Investment 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 Northwestern Mutual Investment Services, LLC Due To Robert Caraveo
If you have questions about Northwestern Mutual Investment Services, LLC and/or Robert Caraveo 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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