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Read MoreAshish Chowdhry: $1mm Complaint Against MML Advisor
New York City financial advisor Ashish Chowdhry (CRD# 3249567) recently received an investor complaint alleging that his conduct resulted in seven-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with MML Investors Services, also known as MassMutual.
Mr. Chowdhry’s BrokerCheck report discloses one investor complaint. Filed in October 2024, it alleges that as a representative of MML Investors Services, he misrepresented the risks associated with life insurance policies purchased with death benefits and caused harm by opening a portfolio account to serve as collateral for premium financing of the policies. The pending complaint alleges damages of at least $1 million.
MassMutual’s website includes a profile of Mr. Chowdhry that describes his professional story and services. “Ashish’s combination of experience, professionalism and access to a wide variety of products and services help his clients meet their financial goal, estate planning strategy and insurance needs,” it explains. “Whether their goals include preparing for milestone life events like college, retirement, marriage, divorce, starting a family or whether they are simply looking for life, disability income or long-term care insurance protection; Ashish is their financial guide.”
According to the Financial Industry Regulatory Authority, Ashish Chowdhry holds 25 years of securities industry experience. Based in New York City, he has been registered as a broker and an investment advisor with MassMutual since 1999 and 2017, respectively. His credentials include the passage of three securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 26 state licenses. (Information current as of October 19, 2024.)
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.
