Ameriprise’s Brandon Harrington: FS Energy & Power Complaint

Williamsville financial advisor Brandon Harrington (CRD# 2842967) allegedly recommended unsuitable alternative investments, 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.

Mr. Harrington’s BrokerCheck report discloses two investor complaints. Filed in December 2022, it alleges that as a representative of Ameriprise Financial Services, he unsuitably recommended high-risk and illiquid alternative investments “including FS Energy and Power (FSEP) and Chambers Street Properties REIT (formerly CB Richard Ellis Realty Trust).” The pending complaint alleges damages of $25,000.

An earlier investor complaint, filed in 2013, alleges that as an Ameriprise advisor, he “engaged in discretionary trading and misrepresented REIT purchases.” The complaint alleged damages of $175,000 and was denied by the firm. Investors should be aware that when a complaint is denied, this does not necessarily mean it has no basis. Customers can still pursue a recovery through other venues, like FINRA arbitration proceedings.

According to the Financial Industry Regulatory Authority, Brandon Harrington holds 25 years of securities industry experience. Based in Williamsville, New York, he has been a broker and an investment advisor with Ameriprise Financial Services since 1997 and 2021, respectively. He was previously registered with IDS Life Insurance Company in Minneapolis, Minnesota from 1997 until 2006. 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 Securities Agent State Law Examination, or Series 63. He is currently licensed in Arizona, Colorado, Connecticut, Florida, Maryland, Massachusetts, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee. (Information current as of January 14, 2023.)

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