Andrew Berleth is a California based securities broker. He has worked in the securities industry for thirty-two years. During his career, he has been registered with five different securities firms.
His registrations include; The Equitable Life Assurance Society of the United States (1986-1995), The Equico Securities (1986-1995), Advantage Capital Corporation (1995-1996), Tower Square Securities (1996-2003), and MML Investors Services (2003-Present).
Andrew Berleth’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In July 2007, a customer alleged that the waiting period and surrender charges were not disclosed to him at the time of purchase.
In July 2012, a customer alleged that Berleth misrepresented the features of the variable life insurance policy that was purchased.
In May 2018, a customer alleged that her signature was forged on a variable annuity application by Andrew Berleth. The customer also alleged that the details regarding the annuity were misrepresented. This case was settled for $135,488.51 in damages.
In June 2018, a customer alleged that a variable annuity she purchased had been misrepresented by Bertleth as she was never made aware of the fees associated with the policy.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Andrew Berleth, please contact Oakes & Fosher for a free and private consultation.