DID RODNEY DANIEL SMITH CAUSE YOU INVESTMENT LOSSES?
Rodney Smith Formerly With Securities America, Inc. and Harbour Investments, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
About Rodney Smith Formerly With Securities America, Inc.?
Rodney Smith (CRD #5018767) has a substantial history in the financial services industry, though he is not currently registered as a broker. His career includes previous registrations with firms such as Securities America, Inc., and Harbour Investments, Inc., covering a span from June 2011 to April 2022. Smith has successfully passed two general industry/product exams (Series 6 and SIE) and two multi-state securities law exams (Series 63 and 65), demonstrating his proficiency in various aspects of securities trading and investment advisory services
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Rodney Smith Customer Complaints and Reviews
- Customer Disputes (2 Incidents):
- Advice on Variable Annuity Withdrawal (2016): A complaint was filed alleging poor advice regarding a withdrawal from a variable annuity, which potentially affected the withdrawal rate. Although Smith did not sell the annuity to the client, the issue was settled.
- Performance Lock on Variable Annuity (2020): Another complaint was lodged concerning Smith’s failure to lock in the performance of a variable annuity. The client felt this should have been done on February 26, 2020, to secure the account value. The complaint was denied after review.
Allegations Against Rodney Smith
- Customer Dispute Allegations:
- Inadequate Financial Advice: Smith was accused of giving inadequate advice on managing withdrawals from a variable annuity, which could have led to financial inefficiencies for the client.
- Failure to Lock in Annuity Performance: There were allegations that Smith did not act to lock in the performance of a variable annuity at a crucial time, potentially costing the client financial growth opportunities.
Rodney Smith Red Flags & Your Rights As An Investor
Of course, Rodney Smith 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 Rodney Smith at Securities America, Inc. and Harbour Investments, Inc. on alert to review carefully the activity and performance of their accounts and question whether Rodney Smith has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Securities America, Inc. and Harbour Investments, 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 Securities America, Inc. Due To Rodney Smith
If you have questions about Securities America, Inc., Harbour Investments, Inc. and/or Rodney Smith 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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