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Customers Accuse LPL Broker Cynthia Giovacchino of Making Unsuitable REIT Recommendations
Ansonia, CT Financial Advisor Named in Investor Claims Involving REIT & BDC Losses
Cynthia Ann Giovacchino, who is a longtime LPL Financial broker, has been named in four customer disputes. The claimants are accusing her of making unsuitable recommendations involving alternative investments.
These investments included business development companies (BDCs) and real estate investment trusts (REITs). Giovacchino has worked in the industry for 22 years. She is also a Senior Vice President at Webster Investments.