Last Updated: March 2025 – Bellevue, WA
Rodney Rich Jr. Investigation Summary
Here’s what you need to know about Bellevue, WA, stockbroker Rodney Wayne Rich Jr.:
- Name: Mr. Rodney Wayne Rich Jr.
- Current Employer: Ameriprise Financial Services, LLC
- Prior Employers: MetLife Securities, Inc.; Metropolitan Life Insurance Company; Ascend Financial Services, Inc.; Guardian Investor Services Corporation; Manequity, Inc.; Sentra Securities Corporation; Monarch Securities, Inc.
- Function: Stockbroker / Financial Advisor
- Aliases – Rod Rich, Rodney Rich, Rodney W. Rich
- Primary Location: Bellevue, WA
- CRD#: 714642
- Can Rodney Rich Jr. be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Highest Settlement or Award: $928,968
- Other Disputes: 1 prior complaint denied
If you’ve sustained damages from Mr. Rich, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Rodney Rich Jr. As Your Stockbroker?
A customer complaint was filed on August 22, 2024, alleging that he failed to monitor a MetLife variable annuity contract, resulting in poor advice regarding income distribution during retirement. The case involved a variable annuity product and led to a settlement of $928,968.
Additionally, a previous dispute in 2012 alleged that a variable annuity sold in 2005 was unsuitable. That case was denied by the firm in 2013 and it does not appear that the customer took any further steps to pursue his claim.
Has Your Brokerage Firm “Denied” Your Claim for Damages Due to Stockbroker Malpractice?
It is quite common (and predictable as well) for brokerage firms to deny a customer’s complaint made directly to the company. Firms know that in many, if not most, instances telling the customer “we don’t think it’s our fault” will be the end to the problem.
Firms seldom, if ever, offer adequate resolution when a customer deals directly with the brokerage firm. In the unlikely event the firm does actually agree to discuss settlement , the firm will generally attempt to have you settle your case for a fraction of what it is worth.
If you think there is a problem with the way your account has been handled, or if you have had your claim “denied”, talk to an experienced securities attorney to learn your rights and to learn what the true value of your claim may be.
We do not charge to evaluate a case.
Allegations of Broker Misconduct Against Rodney Rich Jr.
Customers of Rodney Rich Jr. have alleged the following wrongdoing in connection with the handling of their investment accounts:
Failure to Monitor Investment Products: The 2024 complaint alleged that Mr. Rich failed to monitor variable annuity contracts adequately, leading to incorrect advice regarding lifetime income expectations. This could be considered a violation of FINRA Rule 2111, which mandates that brokers must make suitable investment recommendations based on a customer’s profile and continue to supervise investment performance and alignment with customer goals
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 Rodney Wayne Rich Jr., 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, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.