Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 26, 2017 indicate that former Concord Wealth Partners and Ameriprise Financial Services broker/adviser Jon Dabareiner has received several customer disputes and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Dabareiner (CRD# 1893076).
Jon Dabareiner has spent 29 years in the securities industry and was most recently registered with Concord Wealth Partners in Hardy, Virginia (2013-2017). Previous registrations include Ameriprise Financial Services in Hardy, Virginia (1988-2013) and IDS Life Insurance Company in Minneapolis, Minnesota (1988-2006). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination) and Series 7 (General Securities Representative Examination). He is currently not affiliated with any state or firm.
According to his BrokerCheck report, Jon Dabareiner has received six customer complaints and one regulatory sanction, and resigned from two former employers.
In September 2017 he was “permitted to resign” from his position at Concord Wealth Partners while the subject of an internal review into allegations he violated certain industry rules and standards.
In 2014 FINRA sanctioned him following allegations that he or others acting on his behalf copied client signatures from one document and pasted them on another, or used documents from one transaction “to effectuate another transaction by altering the date.” He was issued a one-month suspension and a fine of $5,000.
In 2013 a customer alleged Jon Dabareiner, while employed at Ameriprise Financial Services, misrepresented material facts related to a Riversource variable universal life insurance policy. The complaint settled for $8,900.
In 2013 he was “permitted to resign” from his position at Ameriprise Financial Services after the firm found he violated company policy regarding the reuse of client signatures.
In 2010 a customer alleged Jon Dabareiner, while employed at Ameriprise Financial Services, misrepresented material facts, breached his fiduciary duty, executed unauthorized trades, breached contract, committed fraud, and acted negligently. The complaint settled for $150,000.
In 2006 a customer alleged he, while employed at Ameriprise Financial Services, recommended and sold unsuitable mutual funds. The complaint, from which he was dismissed, settled for $140,000.
In 2000 a customer alleged he, while employed at American Express Financial Advisors, failed to follow instructions to sell. The complaint settled for $115,000.
If you or someone you know has a complaint regarding Jon Dabareiner, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.