FINRA barred former Raymond James Financial Services and Ameriprise Financial Services broker Vonna Kay Husby of Fairbanks, Alaska during an investigation into whether Husby served as power-of-attorney for and opened an undisclosed bank account co-owned with one of her elderly customers. Meanwhile, Ameriprise discharged Husby for allegedly failing to disclose pending litigation during their hiring process.
According to AWC #2019062808901, Vonna Husby (CRD #1314070) opened an undisclosed bank account co-owned with an elderly customer at Raymond James, for whom Husby allegedly held power of attorney.
Husby's BrokerCheck file indicates that Raymond James terminated her registration in 2019 based on allegations that Husby was co-owner on a bank account with a customer without providing disclosure to or receiving approval from the firm.
Although Husby subsequently joined Ameriprise Financial, that firm also terminated her in 2019, this time for providing an inaccurate statement to the firm during the onboarding process, and for failing to disclose a pending civil litigation.
Brokerage firms often have strict policies and rules that oblige brokers to disclose certain activities, and oftentimes these policies outright prohibit a broker from inappropriately co-owning an account with or serving as power of attorney for a firm customer, such as the elderly investor Husby is alleged to have co-owned an account with.
If you have invested with Vonna Kay Husby or with any broker or financial adviser who inappropriately co-owned an investment or bank account with you in contravention of FINRA or firm rules, failed to disclose or seek approval of this activity, or lied about matters of pending litigation or other liabilities, and these omissions or misrepresentations have proven harmful to your investments or interests, please call an experienced FINRA arbitration attorney at The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.