Last Updated: September 2023 (Seneca, South Carolina)
Sam Head Investigation Summary
Here’s what you need to know about Seneca, SC, stockbroker Sam Head:
- Name: Mr. Samuel Ray Head
- Current Employer: Ameriprise Financial Services dba Carolinas Wealth Management
- Previous Firms: Voya Financial Advisors, NY Life Securities, ING Financial Partners
- Function: Stock Broker/ Financial Advisor
- Aliases: Sam R. Head, Sam Head, Samuel Head
- Primary Location: Seneca, SC
- CRD 2456312
- Can Samuel Head be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement : $60,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Sam Head As Your Stockbroker?
Samuel Head discloses 5 prior customer complainst, including the following:
- A customer of Voya Financial Advisors was paid $60,000 to settle a FINRA arbitration alleging that Sam Head recommended an unsuitable real estate security.
- In 2010 a customer of ING Financial Partners was paid $45,000 to settle a complaint alleging that Sam Head failed to liquidate a Hartford variable annuity as instructed.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Sam Head
Customers of Samuel Head have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in real estate closed end fund
- Failure to liquidate variable annuity as instructed
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Samuel Head, contact us for a complimentary consultation with an experience 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.
