Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 30, 2017 indicate that Hawaii-based Ameriprise Financial Services broker/adviser Alika Garcia has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Garcia (CRD# 2298506).
Alika Garcia has spent 22 years in the securities industry and has been registered with Ameriprise Financial Services in Honolulu, Hilo, and Kailua Kona, Hawaii since 1994. He was previously registered with IDS Life Insurance Company in Minneapolis, Minnesota (1994-2006). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 14, 1995, and Series 7 (General Securities Representative Examination), which he obtained on December 3, 1994. He is a registered broker and investment adviser with six US states: California, Hawaii, Idaho, Montana, Nevada and Washington.
According to his BrokerCheck report, he has received one pending customer complaint and two customer complaints that were closed or denied.
In November 2017 a customer alleged Alika Garcia, while employed at Ameriprise Financial Services, recommended unsuitable mutual fund purchases and misrepresented associated provisions. The customer is seeking $100,000 in damages in the pending complaint.
In 2010 a customer alleged Alika Garcia, while employed at Ameriprise Financial Services, recommended the unsuitable surrender of an annuity and subsequent purchase of mutual fund A shares, and failed to disclose the tax consequences of the annuity surrender. The customer sought $12,000 in damages in the complaint, which was closed with no action taken.
In 2003 a customer alleged Alika Garcia, while employed at American Express Financial Advisors, recommended unsuitable investments and executed unauthorized transactions. The customer sought $6,000 in damages in the complaint, which was denied.
If you or someone you know has lost money investing with Alika Garcia, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.