Broker fired over VA exchange irregularities barred by Finra

Ellen Vratoric twice failed to appear at Finra inquiries into VA exchange.
JUN 04, 2018

The Financial Industry Regulatory Authority Inc. has barred former Huntington Investment Co. broker Ellen Vratoric for failing to take part in two hearings looking into customer complaints regarding a variable annuity exchange. In March 2016, Ms. Vratoric was discharged from Huntington after a firm compliance specialist discovered "a document integrity issue related to a variable annuity purchase," according to her BrokerCheck record. "The document in question is 1035 paperwork," the record states. "The signature page on the document was undated, there appeared to be use of WhiteOut and the signature page appeared to be re-used." Ms. Vratoric, who is no longer employed in the securities industry, began her career in 1993 and was affiliated with four other firms before joining Huntington in 2008.

Latest News

Student debt drives parents toward 529 plans, Fidelity finds
Student debt drives parents toward 529 plans, Fidelity finds

New Fidelity data links parents' own loan burden to record 529 savings and delayed retirement planning.

Middle-class Americans are falling short on retirement, new report finds
Middle-class Americans are falling short on retirement, new report finds

Transamerica survey of 7,600 Americans reveals debt, inflation, and caregiving demands are derailing retirement security.

Advisor moves: Severn Wealth Management joins Cetera after departing Commonwealth
Advisor moves: Severn Wealth Management joins Cetera after departing Commonwealth

Annapolis-based firm moves its $160 million practice from Commonwealth to Cetera's Summit Financial Networks channel.

AssetMark's Talk Tracks AI gives advisors a script for client calls
AssetMark's Talk Tracks AI gives advisors a script for client calls

The new AI feature generates instant client portfolio talking points, slashing meeting prep time for advisors.

Behind the Great Wealth Transfer: Citizens bets on business owners
Behind the Great Wealth Transfer: Citizens bets on business owners

As Citizens expands its advisory footprint, the bank is also going after wealth trapped inside business ownership

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income