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Scott Miller: $1.5mm Complaint Against Camelot Wealth Advisor

Boca Raton financial advisor Scott Miller (CRD# 1927089) allegedly provided investment advice that resulted in seven-figure damages, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Ameriprise Financial Services, whose website describes him as co-founder of the practice Camelot Wealth Management Partners.

Mr. Miller’s BrokerCheck report discloses two investor complaints. The most recent, filed in June 2023, alleges that as a representative of Ameriprise Financial Services, he recommended an unsuitable variable annuity product. The pending complaint alleges damages of $1,502,685.

A previous investor complaint, filed in 2010, similarly alleged that as an Ameriprise Financial Services representative, he sold an unsuitable annuity product in 2008. The complaint alleged damages of $6,535.60 and was denied by the firm.

According to the Financial Industry Regulatory Authority, Scott Miller holds 34 years of securities industry experience. Based in Boca Raton, Florida, he has been a broker and an investment advisor with Ameriprise Financial Services, where he is co-founder of the practice Camelot Wealth Management Partners. His registration history includes Jefferson Pilot Securities Corporation (Boca Raton, Florida; 2008), ING Financial Partners (Boca Raton, Florida; 2005-2008), American Express Financial Advisors (Minneapolis, Minnesota; 1989-2005), and IDS Life Insurance Company (Minneapolis, Minnesota; 1989-2005). His credentials include the passage of six securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Municipal Fund Securities Principal Examination, or Series 51; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or the Series 65. He holds 39 state licenses. (Information current as of June 24, 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.

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