Ted Cadwallader, formerly with Ameriprise Financial Services, Barred from Securities Industry
Have you lost money with financial advisor Ted Cadwallader of Getzville, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Ted W. Cadwallader. FINRA barred Ted Cadwallader from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Cadwallader for allegations that he sold investments that were not approved by his former brokerage firm, Ameriprise Financial Services. Cadwallader was alleged to have sold investments in Adiabatic Solutions LLC.
Ted Cadwallader was a financial advisor and registered representative of Ameriprise Financial Services from 1999 to October 2014. He worked at a branch office in Getzville, New York.
Brokerage firms like Ameriprise Financial Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Ameriprise Financial Services.
Click to view: Cadwallader, Ted FINRA AWC