INVESTORS: Citizens Securities broker Glen Mackenzie Dowden was named in a customer dispute alleging he made an unsuitable investment recommendation.
Glen Mackenzie Dowden (CRD#: 5217538) is registered as a broker and investment adviser with Citizens Securities, where he’s been employed since 2020. Dowden was previously registered as a broker and investment adviser with GWN Securities from 2016 until 2019.
Dowden has one disclosure on his BrokerCheck report.
February 2020 Customer Dispute
Allegations: Claimant alleges that unsuitable recommendations were made to him in 2016, including advising him to accept a lump sum early retirement offer from Verizon for $500,000 and placing $300,000 in a Polaris Platinum III variable annuity.
Damage Amount Requested: $500,000.00
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