DID TROY WILLIAM TALAMELLI CAUSE YOU INVESTMENT LOSSES?
Troy Talamelli Of First Citizens Investor Services, Inc. And Formerly With LPL Financial LLC and Allianz Global Investors Distributors LLC Has A Customer Complaint For Alleged Broker Misconduct
About Troy Talamelli of First Citizens Investor Services, Inc.?
Troy Talamelli (CRD #3088305) has a detailed history within the financial industry, currently registered with First Citizens Investor Services, Inc. in Charlotte, North Carolina, since December 2022. His career, which began in 1998, has seen him affiliated with numerous firms. He is licensed in 14 U.S. states and territories and has completed several exams, including one principal/supervisory exam and three general industry/product exams. Despite these qualifications, his involvement in a customer dispute, which was settled, highlights potential issues in his conduct and advisory practices.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Troy Talamelli Customer Complaint and Reviews
Settled Customer Dispute (Settled as of August 2023): Talamelli was involved in a dispute related to a managed or wrap account where the client alleged unsuitability regarding the product managed in-house. The client claimed damages of $7,500, and the dispute was settled for the same amount. This resolution, while not admitting any wrongdoing by Talamelli, might still affect his reputation as it suggests a compromise was necessary to resolve the client’s complaints.
Allegations Against Troy Talamelli
- Unsuitability and Mismanagement: The allegations centered on the unsuitability of the investment recommendations made by Talamelli, particularly concerning a managed account. The client was dissatisfied with the performance or the suitability of the investment, leading to financial losses.
- Settlement of the Dispute: The settlement of $7,500 to resolve the allegations indicates that there was at least some acknowledgment of the client’s dissatisfaction, though it does not necessarily imply admission of fault by Talamelli.
Troy Talamelli Red Flags & Your Rights As An Investor
Of course, Troy Talamelli 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 Troy Talamelli at First Citizens Investor Services, Inc., LPL Financial LLC and Allianz Global Investors Distributors LLC on alert to review carefully the activity and performance of their accounts and question whether Troy Talamelli has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at First Citizens Investor Services, Inc., LPL Financial LLC and Allianz Global Investors Distributors LLC 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 First Citizens Investor Services, Inc. Due To Troy Talamelli
If you have questions about First Citizens Investor Services, Inc., LPL Financial LLC, Allianz Global Investors Distributors LLC and/or Troy Talamelli 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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