Brian Palkowitsh is a Kansas based securities broker. He has worked in the securities industry for twenty-three years. During his career, he has been registered with two different securities firms.
His registrations include; Transamerica Financial Advisors (1996-2014) and Ameriprise Financial Services (2014-Present).
Brian Palkowitsh’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In July 2002, a customer alleged that Palkowitsh failed to communicate that the value of corporate bonds could fluctuate before the maturity date.
In February 2014, a customer alleged that Palkowitsh misrepresented how the rate of return would affect the contract value, the timing of future deposits, and how the withdrawals would affect the contract. This case was settled for $147,500 in damages.
In April 2018, a claimant alleged that Palkowitsh misrepresented their product, in that the $600,000 death benefit would be paid upon client’s death regardless of withdrawals taken prior. This case was settled for $195,000 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Brian Palkowitsh, please contact Oakes & Fosher for a free and private consultation.