Ann Vanderslice: $250000 Complaint Against Federal Benefits
Ann Vanderslice, a/k/a Ann Werts has been named in a $250,000 FINRA arbitration claim brought by a customer alleging that Ms. Vanderslice made unsuitable investment recommendations and failed to do due diligence on new offerings, according to her FINRA BrokerCheck Report.
Ms. Vanderslice’s BrokerCheck report discloses two pending investor complaints. The most recent, filed in July 2022, alleges that as a representative of Cabot Lodge Securities, she unsuitably recommended investments in GWG L bonds and annuity products. The pending complaint alleges damages of $295,000.
A second investor complaint, filed in February 2022, the complaint alleges that as a representative of Cabot Lodge Securities, she recommended an unsuitable investment in a GWG L Bond and failed to perform adequate due diligence on new offerings. The pending complaint alleges damages of $250,000.
In a statement included in the February 2022 complaint’s disclosure on her BrokerCheck report, Ms. Vanderslice denies the allegations. “[T]he recommendation was suitable for the client at the time the recommendation was made including based on her overall suitability profile and previous purchase and profitable liquidation of the same instrument about which she now complains,” she stated further.
In April 2009 Ms. Vanderslice was permitted to resign from Securities America, according to another disclosure on her BrokerCheck report. The disclosure states that her resignation related to alleged failures to follow firm policy “relating to signature use and the supervision of office staff.”
According to the Financial Industry Regulatory Authority, Ann Vanderslice holds 16 years of securities industry experience. She is a representative of Federal Benefits Made Simple, an E.A. Buck Company, which offers securities through Madison Avenue Securities. She has been affiliated with Madison Avenue Securities in Lakewood and Colorado Springs, Colorado since 2021. Her past registrations include Cabot Lodge Securities (Denver, Colorado; 2013-2021), Allied Beacon Partners (Denver, Colorado; 2010-2013), Titan Securities (Denver, Colorado; 2011-2012), Community Bankers Securities (Lakewood, Colorado; 2009), Securities America (Lakewood, Colorado; 2008-2009), and Linsco/Private Ledger Corp. (Highlands Ranch, Colorado; 2006).
Note: Ann Vanderslice, is the president and founder of Federal Benefits Made Simple, which is an E.A. Buck company provide financial services to federal employees.
Login to Comment and RateAlready a PostAlmostAnything.com member?Login Here
Register to Comment and Rate
If you are not yet a PostAlmostAnything.com member Sign Up Here.