Sam Head (CRD #: 2456312) of South Carolina has a new investor complaint regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on October 27, 2020. Mr. Head is a broker and an investment adviser registered with Ameriprise Financial Services in South Carolina. In addition to this most recent investor complaint, there are several other settled investor complaints on Mr. Head’s record.
On September 9, 2020, a client alleged that Mr. Head had sold him unsuitable investments. He alleges they were unsuitable based on his desire to protect his principle. The client is seeking $315,000; the dispute is pending.
On January 20, 2010, a client alleged that Sam Head had failed to follow instructions. The client sought $55,542.52; the dispute settled for $55,542.52.
On November 9, 2008, a client alleged that Mr. Head failed to honor her requests to liquidate a variable annuity. She asserted that Sam Head had breached his fiduciary duty and treated her investments with gross negligence. The client sought $130,000; the dispute settled for $45,000.
On October 31, 2008, a client alleged that Sam Head had recommended investments that were higher risk than she wanted. She further alleged that Mr. Head made unauthorized reallocations in her account. The dispute settled for $2,646.28.
Sam Head has passed the Series 65 Uniform Investment Adviser Law Examination, Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, and the Series 6 Investment Company Products/Variable Contracts Representative Examination. He is a registered broker in Alabama, Arizona, California, Connecticut, Florida, Georgia, Maryland, Michigan, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and West Virginia. He is a registered investment adviser in South Carolina and Texas.
Sam Head has worked in the securities industry for 25 years. During his career, he has worked for the following firms:
- Voya Financial Advisors (CRD #: 2882)
- NYLife Securities Inc. (CRD #: 5167)
If Sam Head was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys at Fitapelli Kurta. Call (877) 238-4175 or email firstname.lastname@example.org for a free case consultation with a securities attorney.