Ryan Davis Wold of Edina Minnesota a stockbroker formerly employed by Raymond James Associates Inc. is the subject of a customer initiated investment related written complaint which was settled for $27,000.00 on June 28, 2018 supported by accusations that between 2014 and 2017: (1) transactions were effected in the customer’s account that were not suitable for the customer (2) the customer was charged commissions that were excessive and unfair and (3) the customer’s account had been churned.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that Wold was discharged from Raymond James Associates Inc. on January 5, 2018 founded on allegations that he violated the policies of the firm by making unauthorized changes to customer’s commission based accounts.
