Investors Blame Morgan Stanley For Bad Investment Advice

John I. Snyder of Fort Lauderdale Florida a stockbroker currently employed by Morgan Stanley is the subject of a customer initiated investment related written complaint which was resolved for $8,000.00 on March 20, 2017 based upon accusations that investment recommendations made to the customer were not suitable given that possible mutual fund breakpoint discounts had not been taken into consideration by the firm when determining the mutual funds to be selected for the customer’s account.

FINRA Public Disclosure confirms that another customer filed an investment related complaint concerning Snyder’s conduct where the customer sought unspecified damages supported by allegations that while Snyder was associated with Morgan Stanley Smith Barney, Snyder utilized an inappropriate strategy for the customer’s investments especially since the strategy underperformed the NASDAQ and S&P 500 Indexes.

Snyder has been registered with Morgan Stanley since January 1, 2009.