The principles in Secured Financial Solutions are Anil Vazirani and Richard Redaelli
Regarding the “Consumer Alert” dated March 28, 2011 that appears on Flemings and Curti website.
Unlike insurance agents, Anil Vazirani is securities licensed and owes a fiduciary duty to his clients. Mr Vazirani takes those responsibilities seriously. As an independent investment representative, all of Mr. Vazirani’s advertisements are approved by his Registeted Investment Advisor firm and are in compliance with all insurance company manuals.
With regard to SFS’s dinner workshops, all attendees get a customized binder that contains all Power Point slides presented in the workshop. That binder covers money management through mutual funds, exchange traded funds and information about income annuities. SFS asks attendees to fill out a risk profile qucstionairc at seminar before they are called with an invitation to a complimentary, no obligation meeting. At that meeting, Mr. Vazirani discusses how variable, fixed and fixed index annuities could be a good fit for some portion of their portfolio based on risk tolerance.
With regard to your comments regarding the SFS website (www.anilvazirani.com). that website was hacked during the time frame that your article appeared. In fact, that site is still down as of today because of ongoing hacking caused by unknown third parties. SIS’s firm website is now found at www.theripa.com. With regard to the Better Business Bureau entry noted in your “alert”, that refers to the fact that a third party unaffiliated with Mr. Vazirani had misappropriated the SFS name and used it in mailings that had nothing to do with Mr. Vazirani. As Mr. Vazirani’s counsel, we took steps to address the problem. I would be happy to discuss this situation further with you.
Mr. Vazirani has received negative feedback from a number of potential clients who had found your “Consumer Alert” while researching Mr. Vazirani and SFS on the Web. SFS has lost some business as a result. We ask that you remove the March 28, 2011 “alert” from your website. In that regard. I encourage you to attend one of Mr. Vazirani’s workshops. We believe that, if you do. you will be proven wrong as to whether Mr. Vazirani is an unscrupulous pitchman — as you apparently believe — or is in fact a securities licensed professional who offers a full range of investment products to his clients and who takes his fiduciary’ obligations to them with the utmost seriousness
Very Truly Yours,
David G. Bray
for the Firm
Mariscal, Weeks, McIntyre & Friedlander, P.A.
August 17, 2011
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