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Alan Holt: Investors Allege Unsuitability, Churning, Unauthorized Trades by Ameriprise Rep

Alan Holt

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 15, 2018 indicate that California-based Ameriprise Financial Services broker/adviser Alan Holt has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Holt (CRD# 1497129).

Alan Holt has spent 32 years in the securities industry and has been registered with Ameriprise Financial Services in San Diego, California since 2009. Previous registrations include Ameriprise Financial Services in San Diego, California (2009); Citigroup Global Markets in Carlsbad, California (2002-2009); and Morgan Stanley DW in Purchase, New York (1986-2002). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 20, 2006; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 30, 1986; Series 3 (National Commodity Futures Examination), which he obtained on March 16, 1989; and Series 7 (General Securities Representative Examination), which he obtained on May 17, 1986. He is a registered broker and investment adviser with eleven US states and territories: Arizona, California, Colorado, Hawaii, Illinois, Minnesota, Missouri, Nevada, Texas, Utah, and Washington.

According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and two denied customer complaints.

In July 2018 a customer’s trustee alleged Alan Holt, while employed at Ameriprise Financial Services, made unsuitable investments and churned the account. The claimant is seeking unspecified damages in the pending complaint.

In 2016 a customer alleged Alan Holt, while employed at Ameriprise Financial Services, misled him and purchased variable annuities rather than fixed or indexed annuities. The customer sought more than $13,800 in damages in the complaint, which was denied.

In 2015 a customer alleged Alan Holt, while employed at Ameriprise Financial Services, invested his funds in an unsuitable mutual fund share class. The customer sought more than $24,800 in damages in the complaint, which was denied.

In 1997 a customer alleged he, while employed at Dean Witter Reynolds, executed unauthorized purchases in the account. The complaint settled with the reversal of the purchases.

If you have lost money investing with Alan Holt, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.