Last Updated: October 2026
Here’s What You Need to Know About Salinas, California Stockbroker Larry Nelson
- Name: Larry David Nelson
- Current Employer: Ameriprise Financial Services, LLC
- Prior Employers: IDS Life Insurance Company
- Function: Stockbroker / Financial Advisor
- Aliases: Larry D. Nelson
- Primary Location: Salinas, California
- Other Business Affiliations: Sunflower Suds & Scissors
- CRD Number: 2275834
- FINRA Arbitration Eligibility:Yes
- Pending Customer Dispute Seeks Damages of $1,881,039
If you’ve sustained damages from Mr. Nelson, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Larry Nelson?
Larry Nelson has two customer disputes reported on his FINRA BrokerCheck record, including a pending customer complaint seeking approximately $1.88 million in damages and a previously denied complaint alleging investment mismanagement.
On August 6, 2026, Ameriprise Financial Services received a customer complaint alleging that Nelson engaged in Regulation Best Interest violations, breaches of fiduciary duty, unauthorized trading, and predatory sales practices while managing the customers’ investment portfolio between 2015 and 2026.
The complaint involves fixed and variable annuities, insurance products, mutual funds, and exchange-traded funds (ETFs).
The customers seek $1,881,039 in damages.
The complaint remains pending.
Allegations of Broker Misconduct Against Larry Nelson
- Regulation Best Interest violations
- Breach of fiduciary duty
- Unauthorized trading
- Predatory investment sales practices
- Investment portfolio mismanagement
- Alleged unsuitable investment management
- Customer investment losses involving annuities and other securities
FINRA Rule 2111- suitability -Regulation Best Interest
Other Cases Involving Unauthorized Trading
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Ameriprise Financial brokers
If you have suffered investment losses in an account handled by Larry Nelson, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, Florida, Rex Securities Law represents investors nationwide who have suffered financial losses involving stockbroker misconduct, unsuitable investments, misrepresentation, and investment fraud.
Contact experienced investment fraud attorney Bob Rex at (877) 224-3199 for a free consultation.