NATHAN MICHAEL FORET at AMERIPRISE FINANCIAL SERVICES, LLC – View Complaints, Disclosures, Scams and Audit Report (Updated 2023)



CRD# 2261645

Disclosure #1 for NATHAN FORET

    • eventDate: 1/25/2021
    • Disclosure Type: Customer Dispute
    • Disclosure Resolution: Settled
    • Disclosure Detail :: Allegations: Claimants allege that their advisor recommended that they utilize margin in their accounts that was not suitable for them and caused an increase in the management fees that they paid on their accounts. Claimants also allege their advisor recommended an unsuitable security in an account and overconcentrated a position a separate account.
    • Damage Amount Requested: $75,000.00
    • Settlement Amount: $19,500.00
    • Arbitration Docket Number:
    • Broker Comment: The customer inquired about borrowing from his account and was given, in person, all of the appropriate documents to sign to use margin in his account in 2009. It wasn’t until 2020 that he claimed not to know that his account had margin capabilities. Ameriprise settled this matter in order to avoid the costs and fees associated with FINRA arbitration

Should I file a FINRA complaint against brokers like NATHAN MICHAEL FORET?

Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.

Update – 2022.11.15If you have suffered investment losses that may have been caused by NATHAN MICHAEL FORET’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today! helps you make informed choices about brokers and brokerage firms and provides easy access to investment adviser information. Our database reports whether a person or firm is registered, as required by law, to sell securities (stocks, bonds, mutual funds, and more), offer investment advice, or both. We provide you with a snapshot of a broker’s employment history, regulatory actions, investment-related licensing information, arbitrations, and complaints, and allow users to share their experiences and reviews with these brokers and brokerage firms.

Frequently Asked Questions About NATHAN MICHAEL FORET

What is NATHAN FORET’s Central Registration Depository (CRD) Number?

Which firm is NATHAN MICHAEL FORET associated with?


Where is NATHAN FORET located?

1100 POYDRAS ST, NEW ORLEANS, LA, 70163-1000

Where can I find more details about NATHAN FORET’s Investment Firm?

Visit to read a detailed report for AMERIPRISE FINANCIAL SERVICES, LLC

Are there any disclosures, allegations or complaints filed against NATHAN MICHAEL FORET?

Yes. There are disclosures, allegations, or complaints filed against NATHAN MICHAEL FORET. Click here to view all details

Where can I download a detailed FINRA report for NATHAN FORET?

Click here to download a detailed FINRA report for NATHAN FORET

Is it safe to do business with NATHAN MICHAEL FORET?

We’re not sure. Please research NATHAN FORET’s disclosures, allegations and complaints before taking a decision

Originally reported on November 16, 2022 @ 12:39 am

The views and opinions expressed in these articles are those of the source and do not necessarily reflect the official position of ‘Skeptic Files’, which shall not be held liable for any inaccuracies presented. The information provided within this article is for general informational purposes only. While we try to keep the information up-to-date and correct, there are no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information in this article for any purpose.

This article is syndicated automatically through a third-party agency from

To view the original article at, you can visit




We will be happy to hear your thoughts

Leave a reply

The Skeptic Files
Register New Account