Ron Kummerer: $315K Complaint Against Merrill Lynch Advisor

Exton, Pennsylvania financial advisor Ron Kummerer (CRD# 4344687) recently received an investor complaint alleging that his advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is currently registered as a broker and an investment advisor with Merrill Lynch.

Mr. Kummerer’s BrokerCheck report discloses one investor complaint. Filed in March 2024, it alleges that as a representative of Merrill Lynch, he recommended an unsuitable investment strategy. The pending complaint alleges damages of $315,872.

Merrill Lynch’s website includes a profile of Mr. Kummerer that describes his background and approach to wealth management. “My primary focus is on portfolio construction, investment research, and developing customized financial and income strategies for those seeking retirement and those currently in retirement,” he writes. “In a financial world where things are always changing, I take much pride in being a reliable, trustworthy source of information for my clients.” Elsewhere down the page, he describes his investment philosophy. “I believe the best financial approach is the one that helps you pursue your goals,” he states. “That’s why, from the start, we talk about your aspirations and encourage you to ask questions about issues that matter most to you.”

According to the Financial Industry Regulatory Authority, Ron Kummerer holds 20 years of securities industry experience. Based in Exton, Pennsylvania, he has been a broker and an investment advisor registered with Merrill Lynch since 2004. His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Maryland, Minnesota, Missouri, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, and Washington. (Information current as of April 14, 2024.)

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