Eric Felsenfeld Allegedly Misled Investor

Eric Felsenfeld (CRD #: 4496689), a broker registered with Ameriprise Financial Services, is involved in an investor dispute, according to his BrokerCheck record, accessed on March 7, 2025. Keep reading if you have questions about his alleged conduct as a broker.

Investor Disputes

On December 3, 2024, an investor alleged that Eric Felsenfeld misled them with regard to GWG Holdings. This dispute is currently pending.

A dispute filed on October 1, 2020, alleged that Eric Felsenfeld made unsuitable recommendations of real estate investment trusts (REITs) and unit investment trusts (UITs) from July 25, 2012, to August 12, 2020. This dispute was denied by the firm.

However, investors should know that firms can deny disputes without an external review. Investors can still recover damages following a denial by seeking out FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise fraudulent tactics to influence the purchase and sale of securities. Misrepresenting or omitting facts about an investment’s risks, requirements, or other features violates this rule.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s profile. These profiles contain information such as investors’ age, risk tolerance, tax status, and financial goals.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

Background Information

Eric Felsenfeld has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Futures Managed Funds Examination – Series 31
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66

Eric Felsenfeld is a registered broker in 13 states and the District of Columbia. He is also a registered investment adviser in Maryland and Texas.

He has also worked for the following firms:

• Kingswood Capital Partners (CRD#:288898)
• Kingswood Wealth Advisors (CRD#:288792)
• Niagara International Capital (CRD#:135327)
• H. Beck (CRD#:1763)
• Amerivest Investment Management (CRD#:111514)
• TD Ameritrade (CRD#:7870)
• Morgan Stanley (CRD#:7556)

Kurta Law Can Help

If you worked with Eric Felsenfeld and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.