The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Brent Makarczyk (CRD #4278893) regarding unsuitable insurance policies, variable annuities and an illiquid REIT (Watermark Lodging Trust). According to public records, there have been two recent allegations against Brent Makarczyk in regards to these unsuitability claims. This broker was also with IDS Life Insurance Company from 2002 – 2006.
Brent Makarczyk has 2 customer disputes
Claim 1: April 2022
Status: Pending
Allegations: The claimants allege that in around 2010, they were sold two unsuitable variable life insurance policies and a variable annuity.
Damage Amount Requested: $414,500.00
Claim 2: February 2022
Status: Pending
Allegations: The claimants allege that they were sold unsuitable insurance policies in 2013 and 2016, as well as variable annuities and an illiquid REIT (Watermark Lodging Trust).
Damage Amount Requested: $416,284.00
If you were a client of Brent Makarczyk and Ameriprise Financial Services and lost money in your account, we are interested in discussing a potential claim with you. Brokerage firms like Ameriprise Financial Services have a responsibility to supervise all representatives who are registered through their firm. (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Brent Makarczyk, Ameriprise Financial Services may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country. (See our video “Do I need a lawyer for my FINRA Arbitration?”). Reviewing FINRA’s Broker Check, there have been 2 complaints against Brent Makarczyk and Ameriprise Financial Services.
Despite some volatility surrounding Covid, the S&P 500 has gained an average of more than 19% annual returns since 2019 and yet some investors, put into overly risky trading strategies, often despite promises of guaranteed returns, have lost significant sums. The Securities Lawyers are looking to bring claims on behalf of individual(s) and/or a group of investors for recovery of their funds. Most customers will have signed a FINRA arbitration agreement to resolve disputes, including claims for reimbursement of these types of investment losses. As the SEC reminds investors, it can be important to find an attorney that “specializes in resolving securities complaints.”
If you were a customer of Brent Makarczyk and Ameriprise Financial Services and suffered investment losses, please contact the Securities Lawyers. We only get paid if we recover your money. Your claim may be subject to a time limit or statute of limitations, so contact an attorney right away.
Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.
He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.
Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.