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Investor Alleges Frederick Troendle Mistimed Discretionary Trades

Frederick Troendle (CRD #: 2811870), a broker registered with Royal Alliance Associates, was the subject of a recent dispute, according to his BrokerCheck record, accessed on February 22, 2023. Investors may have also worked with him through Focus Financial. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On December 23, 2022, an investor alleged that Frederick Troendle failed to consider the timing of certain discretionary trades, leading to the client owing avoidable taxes. The client sought $75,000 in damages but the firm denied the dispute.

However, investors should be aware that firms don’t need to allow an external review before denying disputes. Investors may be able to recover their funds by pursuing FINRA arbitration after a denial.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Frederick Troendle has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Frederick Troendle is a registered broker in 13 states and a registered investment adviser in Minnesota.

He previously worked for Ameriprise Financial Services (CRD#:6363) and IDS Life Insurance Company (CRD#:6321).

Kurta Law Can Help

If you worked with Frederick Troendle 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 and 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. 

 

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