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Paul Tunink & Ross Brenner: Valic Advisors Receive $90K Complaint
Boca Raton financial advisors Paul Tunink (CRD# 5930891) and Ross Brenner (CRD# 5680867) allegedly failed to follow a customer’s instructions, according to a recent investor complaint. Financial Industry Regulatory Authority records show that both representatives are registered as a broker and an investment advisor with Valic Financial Advisors.
Mr. Tunink’s and Mr. Brenner’s BrokerCheck reports each disclose the same investor complaint. Filed in October 2023, it alleges that as representatives of Valic Financial Advisors, they ignored the investor’s instructions and placed her in “an aggressively allocated account which she did not authorize.” The pending complaint alleges damages of $90,000.
“The client had a balanced (defined as moderate) portfolio at the time she alleged to have been put in an aggressive portfolio,” states an addendum to the disclosure on Mr. Tunink’s BrokerCheck report. It adds that he “has provided signed documents consistent with the investment that was was implemented as well as the financial plan that was presented for guidance.”
According to the Financial Industry Regulatory Authority, Paul Tunink holds 11 years of securities industry experience. Based in Boca Raton, Florida, he has been a broker and an investment advisor with Valic Financial Advisors since 2012 and 2013, respectively. 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 holds 36 state licenses.
Mr. Brenner, meanwhile, holds 12 years of securities industry experience, according to FINRA. Also based in Boca Raton, he has been registered with Valic Financial Advisors as a broker since 2017 and as an investment advisor since 2020. He was previously registered with Park Avenue Securities in Garden City, New York from 2011 until 2017. His credentials include the passage of three securities industry qualifying exams: the Uniform Investment Adviser Law Examination, or Series 65; the SIE; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6. He is licensed in Florida. (Information current as of November 22, 2023.)
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.