Tim Van Dyken: Ameriprise Advisor Faces State Regulatory Action

Mt. Vernon, Washington financial advisor Tim Van Dyken (CRD# 5918814) was recently named in a regulatory action by the State of Washington Securities Division. Financial Industry Regulatory Authority records show that the former Edward Jones representative is currently registered as a broker and an investment advisor with Ameriprise Financial Services.

Mr. Van Dyken’s BrokerCheck report discloses the Washington Securities Division’s action involving him. Filed in July 2024, it states that the complaint concerns allegations that as a representative of Edward Jones, Mr. Van Dyken entered a trade in a client’s account without their authorization. It also concerns allegations that he “entered false notes” in the firm’s system and altered others’ notes, neglected to submit complaints to the firm’s investigations department, and “instructed subordinate not to forward client complaints to the complaint investigations department.” The action is pending.

Another disclosure on his BrokerCheck report concerns an investor complaint. Filed in 2023, it alleged that as an Edward Jones representative, he liquidated equities in the customer’s account without her knowledge or consent. The complaint alleges further that “an excess withdrawal on her annuity… nullified the rider.” The complaint reached a settlement of $3,544.

According to the Financial Industry Regulatory Authority, Tim Van Dyken holds 13 years of securities industry experience. Based in Mt. Vernon, Washington, he has been registered as a broker and an investment advisor with Ameriprise Financial Services since 2022. He was previously registered with Edward Jones in Mt. Vernon from 2011 until 2022. 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 is licensed in Alaska, Arizona, California, the District of Columbia, Hawaii, Idaho, Illinois, Nevada, New Hampshire, North Carolina, Oregon, Pennsylvania, Tennessee, and Washington. (Information current as of September 7, 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.