Albert Bevilacqua: Ameriprise Advisor Lands $200K FS Energy Complaint

Boca Raton financial advisor Albert Bevilacqua (CRD# 2656029) recently received an investor complaint alleging that he recommended unsuitable investments, including a Securian variable annuity. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Ameriprise Financial Services.

Mr. Bevilacqua’s BrokerCheck report discloses one recent investor complaint. Filed in October 2023,  it alleges that as an Ameriprise Financial Services representative, he recommended the customer recommend retirement money in “unsuitable and high commission investments, including a Securian variable annuity and FSEP (FS Energy and Power Fund). The pending complaint alleges damages of $200,000.

More information about Mr. Bevilacqua is available in his profile on Ameriprise Financial Services’ website. “Our team is proud to provide a breadth of experience, specialized financial knowledge, and elevated level of service to all our clients,” the profile states. “We work collectively to serve your goals and help you meet your financial future with more confidence.”

According to the Financial Industry Regulatory Authority, Albert Bevilacqua holds 27 years of securities industry experience. Based in Boca Raton, Florida, he has been a broker and an investment advisor with Ameriprise Financial Services since 2001. His past registrations include IDS Life Insurance Company (Minneapolis, Minnesota; 2001-2006), Paragon Capital Markets (East Hanover, New Jersey; 2000-2001 and 1996-1999), and Drake & Company (New York, New York; 1999-2000). 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 Securities Agent State Law Examination, or Series 63. He is licensed in California, Colorado, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Nevada, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Washington, and Wisconsin. (Information current as of November 13, 2023.)

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