Stephen Allen Sylvester of Groton Connecticut a stockbroker currently associated with CUNA Brokerage Services Inc. is referenced in a customer initiated investment related written complaint on April 22, 2016 where the customer sought $40,000.00 in damages supported by accusations that (1) Sylvester failed to make disclosures to the customer about the penalties of surrendering a variable annuity contract and (2) Sylvester made investment recommendations which were not suitable for the customer given the customer’s goals of investing in low-risk investments over a long-term period.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that another customer filed an investment related complaint concerning Sylvester’s activities in which the customer requested $14,000.00 in damages based upon allegations that while Sylvester was associated with CUNA Brokerage Services, Inc., the customer’s mutual fund reallocation instructions had been disregarded.
Sylvester has been associated with CUNA Brokerage Services Inc. since May 4, 1992
