Eric Felsenfeld

Broker Eric Felsenfeld in Ameriprise Financial Services, LLC Firm Has Customer Complaint

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Felsenfeld (Felsenfeld), currently associated with Ameriprise Financial Services, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Felsenfeld recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $101,400.00 on January 02, 2025.

Clients claim Willian Young failed to conduct a reasonable due diligence on the GWG investment, the GWG investment was misrepresented to the clients, and the GWG investment was unsuitable for the clients in view of their financial situations and needs, investment objectives and risk tolerance for their account

Ameriprise Financial Services, LLC Broker Eric Felsenfeld Has Customer Complaint

January 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Felsenfeld (Felsenfeld), currently associated with Ameriprise Financial Services, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Felsenfeld recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $101,400.00 on January 02, 2025.

Clients claim Willian Young failed to conduct a reasonable due diligence on the GWG investment, the GWG investment was misrepresented to the clients, and the GWG investment was unsuitable for the clients in view of their financial situations and needs, investment objectives and risk tolerance for their account.

Eric Felsenfeld Has Alternative Investment Complaints

January 22, 2024 | by Staff Attorney

Broker Eric Felsenfeld (Felsenfeld), currently employed at Ameriprise Financial Services, LLC (Ameriprise) and formerly registered with Kingswood Capital Partners, LLC (Kingswood) has been subject to at least three customer complaint during the course of his career. The complaints alleges that Felsenfeld made unsuitable trading recommendations, and recommending an overconcentration of non-traded Real Estate Investment Trusts (REITs) and Business Development Companies (BDCs) among other potential high risk alternative investments.

According to a BrokerCheck report, in February 2021, a customer alleged that Hancock recommended unsuitable investments in BDCs and REITS. The matter settled for $30,000.

In July 2023 another customer complained of breach of contract, breach of fiduciary duty, negligence and negligent misrepresentation, negligence, and violation of regulation best interest. The complaint alleged $22,000 in damages and settled for $22,000.