National investment loss lawyers KlaymanToskes is investigating broker William Devine, of Ameriprise Financial Services (CRD #4798723).
According to FINRA BrokerCheck, William Harry Devine, a financial advisor at Ameriprise Financial Services in Lawrenceville, NJ, is facing a pending customer complaint seeking $860,000 in alleged damages for recommending unsuitable withdrawals from an inherited IRA account for home construction, resulting in substantial unplanned capital gains taxes to the customer.
Investors that suffered losses with broker William Devine are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor William Devine, of Ameriprise Financial Services, is currently involved in a customer dispute alleging $860,000 in damages. The customer alleges she was recommended to withdraw large sums of money from her inherited IRA account to fund the purchase and construction costs of a home, resulting in substantial unplanned capital gains taxes. William Devine was previously registered as a broker with Ameriprise from March 2019 to July 2024 in Lawrenceville, NJ. Devine is currently associated with the firm as an investment advisor representative.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker William Devine, or have concerns regarding your investment portfolio at Ameriprise Financial Services, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.