National investment loss lawyers KlaymanToskes is investigating broker Barry Bellina of MML Investors Services (CRD #1122429).
According to FINRA BrokerCheck records, Barry Bellina of MML Investors Services has been hit with an investor complaint that alleged he recommended variable universal life insurance policies with premium payments that outweighed their benefits during his time at Metropolitan Life Insurance Company. Although this dispute was closed, it is important to know that firms can deny or close disputes without an outside review. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes.
Investors that suffered losses with broker Barry Bellina 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.
Barry Bellina, a financial advisor based in Metairie, Louisiana, has been registered as a broker with MML Investors Services since 2017. Bellina’s FINRA BrokerCheck record includes one investor complaint filed in November 2024 related to variable universal life insurance policies recommended during his time at Metropolitan Life Insurance Company. The customer complaint alleged that the premium payments made on the Variable Universal Life policies, between 1995-2024 outweighs the policy’s benefit, and if the policy was intended primarily as an investment or estate planning tool, it may not have provided the best financial returns, compared to other options. The complaint was closed.
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 Barry Bellina, or have concerns regarding your investment portfolio at MML Investors 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.