Rodney Boelter Involved in a Variable Annuity Dispute

Rodney Boelter (CRD #:3199789), a broker registered with Osaic Wealth, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 16, 2024. Investors should know that this is the fourth investor dispute on his record. 

Investor Disputes

On June 13, 2024, an investor alleged that Rodney Boelter omitted information concerning a variable annuity and misrepresented other details. 

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

What is a Variable Annuity? 

Variable annuities are complex investments. They are insurance products that come with an investment component. The associated fees, surrender charges, and potential tax liability can negate any supposed benefits they offer. Furthermore, the risk associated with this type of illiquid investment makes it unsuitable for many investors. 

Background Information 

Rodney Boelter has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 
• Series 24 General Securities Representative Examination

He is a registered broker in 11 states and is a registered investment adviser in Colorado, Georgia, New Mexico, and Texas. 

During his 25 years of experience, Rodney Boelter registered with five firms: 

• Osaic Wealth (CRD #: 23131) 
• MML Investors Services (CRD #: 10409) 
• MSI Financial Services (CRD #: 14251) 
• AXA Advisors (CRD #: 6627) 

Kurta Law Can Help 

If you have worked with Rodney Boelter and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.