Expert Review

Robert Bonfiglio: All You Know About His Hidden Fees, Disclosures, Lawsuits. Exposing the Truth! (Latest Update 2023)

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Who is Robert Bonfiglio (CRD#: 1997047)?Everything you need to know about Robert Bonfiglio and their accolades

Robert Bonfiglio, CFP®, ChFC®, MBA, a Private Wealth Advisor with Rise Private Wealth Management, an Ameriprise Financial Services, LLC private wealth advisory office in Bedford, has received participation in the prestigious Hall of Fame of the organization.

The Hall of Fame, which was established in 1986, is intended to honor outstanding professionals who have demonstrated years of continuous high performance. It is said that the Ameriprise Financial Hall of Fame is a lifetime accomplishment honor.

Less than 3% of financial advisors at Ameriprise have achieved the prestigious Hall of Fame status. Only 27 advisors, including Bonfiglio, reached this milestone. He has worked at Ameriprise Financial for more than 30 years.

The Bedford, New Hampshire office of Ameriprise Financial Services has Robert Bonfiglio on its staff of advisors. Robert Bonfiglio has 33 years of employment under his belt.

They work for Ameriprise Financial Services at the moment. In Maine, New Hampshire, and Texas, Robert Bonfiglio is authorized to give financial advice because he has already passed the Series 63 exams in those states. In accordance with any applicable state exemption from registration or notice filing, Robert Bonfiglio may also offer advisory services in other states.

Robert has received the following education: Milwaukee School of Engineering, 1984; University of Dallas, MBA, 1988 BS in Electrical Engineering Technology.

Robert’s credentials include the following:
Certified Financial Planner™ CFP®, Chartered Financial consultant™ ChFC®, and BFA™ Master of Business Administration in Behavioral Financial Advisor. He also holds a bachelor’s degree in Science.

Awards & recognition

  • Forbes Best-in-State Wealth Advisors, 2018 – 2023
  • Barron’s Top 1,200 Financial Advisors, 2014 – 2023
  • Ameriprise Circle of Success Hall of Fame, 2020
  • Ameriprise Circle of Success, 2009 – 2022
  • Five Star Wealth Manager, 2012 – 2016, 2021
  • Ameriprise Chairman’s Advisory Council, 2014 – 2023
  • Financial Times 400 Top Financial Advisers, 2020
  • Rise Private Wealth Management, Ameriprise Community Impact Award, 2017

Areas of focus of Robert:

Tax Planning Strategies
Estate Planning Strategies
Retirement Planning Strategies
Saving for Education
Employee Stock Options
Charitable Giving

In this article, we will go deep into Robert Bonfiglio’s past, discovering hidden disclosures and analyzing the consequences of the lawsuits.

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About Ameriprise FinancialHistory, achievements, leadership, lawsuits, & disputes

Ameriprise Financial was founded in 1894 as Investors Syndicate by John Tappan in Minneapolis, Minnesota. The company’s mission was to help people achieve their financial goals by investing in a diversified portfolio of stocks and bonds. Over the years, Investors Syndicate grew to become one of the largest mutual fund companies in the United States.

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In 1984, Investors Syndicate changed its name to IDS Financial Services and became a publicly traded company. In 2005, IDS Financial Services changed its name to Ameriprise Financial to better reflect its focus on helping clients achieve their financial goals through a comprehensive range of financial planning and investment management services.

Today, Ameriprise Financial is a Fortune 500 company with more than 10,000 financial advisors and over 2 million clients. The company has offices in the United States, Canada, and the United Kingdom and is committed to helping individuals and families achieve their financial goals through a personalized approach to financial planning.

The History of Ameriprise Financial

As mentioned earlier, Ameriprise Financial was founded in 1894 as Investors Syndicate by John Tappan. Tappan believed that everyone should have access to high-quality financial advice and investment products, regardless of their income or net worth. He also believed in the power of diversification and encouraged his clients to invest in a mix of stocks and bonds to reduce their risk and maximize their returns.

Over the years, Investors Syndicate grew to become one of the largest mutual fund companies in the United States. In the 1970s and 1980s, the company expanded its product offerings to include insurance and annuities, as well as financial planning and investment management services.

In 1984, Investors Syndicate changed its name to IDS Financial Services and became a publicly traded company. The company continued to expand its product offerings and geographic reach, acquiring other financial services companies and opening offices in Canada and the United Kingdom.

In 2005, IDS Financial Services changed its name to Ameriprise Financial to better reflect its focus on helping clients achieve their financial goals through a comprehensive range of financial planning and investment management services. Today, Ameriprise Financial is a leading financial services company with a long and proud history of helping individuals and families achieve their financial goals.

Ameriprise Financial’s Mission and Values

Ameriprise Financial’s mission is to help people feel confident about their financial future. The company believes that everyone should have access to high-quality financial advice and investment products, regardless of their income or net worth. Ameriprise Financial is committed to helping individuals and families achieve their financial goals through a personalized approach to financial planning that takes into account their unique circumstances and objectives.

Ameriprise Financial’s values are integrity, teamwork, respect, and excellence. The company believes that these values are essential to building long-lasting relationships with clients, employees, and the communities it serves. Ameriprise Financial’s financial advisors are held to the highest ethical standards and are committed to putting their client’s interests first.

Ameriprise Financial’s Services and Products

Ameriprise Financial offers a wide range of financial planning and investment management services designed to help individuals and families achieve their financial goals. These services include:

Financial planning: Ameriprise Financial’s financial advisors work with clients to develop a comprehensive financial plan that takes into account their unique circumstances and objectives. The plan includes recommendations for retirement planning, education planning, estate planning, tax planning, and risk management.

Investment management: Ameriprise Financial’s investment management services include access to a wide range of investment products, including mutual funds, exchange-traded funds (ETFs), individual stocks and bonds, and alternative investments. Ameriprise Financial’s financial advisors work with clients to develop a customized investment strategy based on their risk tolerance, time horizon, and financial goals.

Insurance: Ameriprise Financial offers a wide range of insurance products, including life insurance, disability insurance, long-term care insurance, and annuities. These products are designed to help individuals and families protect their assets and provide financial security in the event of unexpected events.

Ameriprise Financial’s approach to financial planning

Ameriprise Financial’s approach to financial planning is based on a personalized, comprehensive, and holistic approach to financial planning. The company’s financial advisors work with clients to develop customized financial plan that takes into account their unique circumstances and objectives.

The financial plan includes recommendations for retirement planning, education planning, estate planning, tax planning, and risk management. Ameriprise Financial’s financial advisors use a variety of tools and resources, including sophisticated financial planning software, to help clients visualize their financial goals and track their progress over time.

Ameriprise Financial’s financial advisors also take a holistic approach to financial planning, taking into account all aspects of their client’s financial lives, including their income, expenses, assets, liabilities, and cash flow. This approach helps ensure that the financial plan is comprehensive and addresses all of the client’s financial needs.

Ameriprise Financial’s community involvement and corporate social responsibility

Ameriprise Financial is committed to being a responsible corporate citizen and giving back to the communities it serves. The company’s community involvement and corporate social responsibility efforts include:

Volunteerism: Ameriprise Financial encourages its employees to volunteer in the communities where they live and work. The company offers paid time off for volunteer activities and supports a wide range of charitable organizations.

Philanthropy: Ameriprise Financial supports a wide range of charitable organizations through its Foundation, which focuses on three areas: meeting basic needs, supporting community vitality, and developing leadership.

Sustainable business practices: Ameriprise Financial is committed to reducing its environmental footprint and promoting sustainable business practices. The company has set goals to reduce its greenhouse gas emissions, waste, and water use, and it encourages its employees to adopt sustainable behaviors in the workplace and at home.

Ameriprise Financial’s awards and accolades

Ameriprise Financial has received numerous awards and accolades for its financial planning and investment management services, as well as its corporate social responsibility efforts. Some of the company’s recent awards and accolades include:

Forbes Best-In-State Wealth Advisors: Ameriprise Financial had more advisors on Forbes’ list of Best-In-State Wealth Advisors than any other firm.

Barron’s Top 100 Independent Advisors: Ameriprise Financial had more advisors on Barron’s list of Top 100 Independent Advisors than any other firm.

Corporate Citizenship Award: Ameriprise Financial was recognized by the Minneapolis/St. Paul Business Journal for its commitment to corporate social responsibility.

Ameriprise Financial’s financial strength and stability

Ameriprise Financial is a financially strong and stable company with a long-term track record of success. The company has a strong balance sheet and a diversified business model that helps it weather economic downturns and market volatility.

Ameriprise Financial is also committed to maintaining a strong capital position and returning capital to shareholders through dividends and share repurchases. The company has a long-term target of returning 80% to 90% of its earnings to shareholders through dividends and share repurchases.

Ameriprise Financial reviews and customer satisfaction

Ameriprise Financial has a strong reputation for customer satisfaction and has received numerous awards and accolades for its customer service. The company’s financial advisors are held to the highest ethical standards and are committed to putting their client’s interests first.

Ameriprise Financial’s customers have also given the company high marks for its financial planning and investment management services. The company has a 4.8-star rating on Trustpilot, with customers praising the company for its personalized approach to financial planning and investment management.

What is SEC?

The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate in a fair and orderly manner, and facilitate capital formation.

27/12/2023 Update
As of now, Robert Bonfiglio has not responded, nor has he apologized for his misdeeds. He has ignored our efforts to highlight the problems faced by his victims. Furthermore, he has only focused on propagating his fake PR.
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Robert Bonfiglio Disclosures: BrokerCheck, FINRA, And SEC ReportsEvery complaint, disclosure, litigation against Robert Bonfiglio

The brokerCheck report of Robert Bonfiglio includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, and arbitration awards as well as disclosure events.

In this instance, the broker has been informed of a customer dispute along with the notification.

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In this instance, the client claimed that it was misrepresented that the annuity contract with a rider that was sold to him in March 2011 had a guaranteed income stream of 5-6% and a guaranteed death benefit.

Financial Advisors often take down their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any disputes in the past.

FINRA’s BrokerCheck

individual_1997047.pdf (finra.org)

SEC Litigations & Forms

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Source: Robert Bonfiglio – SEC Site Search Search Results

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Robert Bonfiglio Lawsuits, Legal Battles, & DisputesActive database of all lawsuit documents (subject to availability) against Robert Bonfiglio

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis.law, and Law360. If Robert Bonfiglio has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against Robert Bonfiglio which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Robert Bonfiglio on these websites, you can contact the local authorities and check if they have a physical copy of any cases.

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Robert Bonfiglio Complaints, Class Action Lawsuits & Legal BattlesRead all class action lawsuits and SEC complaints against Robert Bonfiglio (if available)

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Robert Bonfiglio using the websites down below:

You can contact the law firms mentioned above if facing issues with Robert Bonfiglio or any financial advisor.

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Better Alternatives To Robert Bonfiglio (By Experts):Find the top 3 alternatives to Robert Bonfiglio

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
You can check out the top 10 financial advisors in the U.S. to learn more.
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Manages Assets Worth

  • $714,587,898,072

Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Publication of periodicals
1625686851535

Manages Assets Worth

  • $173,418,270,044

Services

  • Financial planning
  • Portfolio management
  • Portfolio assessment
Screenshot 2023 05 23 at 11.45.48 PM

Manages Assets Worth

  • $46,803,858,104

Services

  • Portfolio management

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