Close Menu
Free Consultation: 888-976-6111

Ex-SunTrust Advisor Angelita Fuentes: GIC Investment Complaints

Recent investor complaints against Miami financial advisor Angelita Fuentes (CRD# 5609340) allege that she recommended unsuitable investments in GIC. Records maintained by the Financial Industry Regulatory Authority show that she is a broker and an investment advisor with Investment Placement Group, having previously been registered with SunTrust Investment Services.

Ms. Fuentes’s BrokerCheck report discloses two investor complaints. Both were filed in 2021 and allege that as a representative of SunTrust Investment Services, she recommended an unsuitable investment in GIC. One complaint settled in April 2022 for $198,500, while the other settled in September 2022 for $293,000.

Securities industry records indicate that Ms. Fuentes is one of multiple advisors previously affiliated with SunTrust Investment Services who have received complaints regarding GIC investments in recent years. Manny Fernandez, a Truist Investment Services representative formerly affiliated with SunTrust Investment Services, has received four investor complaints detailing allegations he recommended unsuitable investments in GIC, according to his BrokerCheck report. One such complaint settled for $300,000, while the other three are pending and allege cumulative damages of more than $1.5 million. Additionally, Pedro Escobar, an Ameriprise advisor formerly registered with SunTrust, allegedly recommended an unsuitable GIC investment that resulted in damages between $100,000 and $500,000, according to a pending complaint listed on his BrokerCheck report.

According to the Financial Industry Regulatory Authority, Angelita Fuentes holds 13 years of securities industry experience. Based in Miami, Florida, she has been a broker and an investment advisor with Investment Placement Group since 2021. She was previously registered with SunTrust Investment Services from 2008 until 2020. Her 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. She is licensed in the District of Columbia, Florida, Georgia, and Texas. (Information current as of December 26, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Kurt Berry: FINRA Suspends Former Vanderbilt Advisor

    Johnson City, Tennessee financial advisor Kurt Berry (CRD# 4550773) was recently suspended and fined in connection with allegedly improper oil...

    Read More
  • Sid Bindra: Suitability Complaints Against Truist Advisor

    Tampa, Florida financial advisor Sid Bindra (CRD# 6147537) has received multiple investor complaints alleging that his conduct resulted in damages....

    Read More
  • Greg Wilson: $1mm Oil & Gas Complaint Against Ortiz Advisor

    Whittier, California financial advisor Greg Wilson (CRD# 6849983) recently received an investor complaint alleging that his advice resulted in seven-figure...

    Read More
  • Wally Less: $254K Complaint Against SouthState Advisor

    A recent investor complaint against Savannah, Georgia financial advisor Wally Less (CRD# 5191948) alleges that he approved unauthorized transactions. Financial...

    Read More
  • Previous
  • Next