Cindy Couyoumjian, CFP

18 Regulatory Complaints

Cindy Couyoumjian CFP, Financial advisor, insurance agent CRD # 1456630, has a long history of regulatory disclosures: client complains and regulatory actions. As of 12-17-23, Couyoumjian has 17 regulatory disclosures (+ one pending) on her FINRA Broker Check record. ( Enter CRD # 1456630 to view the complaints & regulatory actions.

Our securities attorney will be filing a new complaint against Couyoumjian.

Insurance agent; Cindy Couyoumjian, License # 0719038 sold a Prudential Defined Income Variable annuity to client, Ms. G. on 1-22-2019, purchase payment of $300,000. The sale of a variable annuity to an 81-year-old retiree with a modest net worth was unsuitable.

Client repeatedly stated that she wanted an investment that would preserve her principal of $300,000. Client did not understand the complexity of a variable annuity, nor understand that she was taking the investment risk, since the money was being invested in the stock market. Client does not understand the tax consequences of a variable annuity. This financial product offers an advisor high commission for 7 years. The first two years the commission is 7%. The next two years the commission is 6%, and the final three years the commission is 5%.

Couyoumjian sold client an individual stock (CION Corp) for approximately $16,500, that Couyoumjian ultimately sold two years later, at a $6,000 loss.

Couyoumjian sold client a non-traded REIT (real estate investment trust) for $50,000, at $23.19/share.  This type of investment is not traded on a public exchange (NYSE or NASDAQ). This type of investment has high risk and us unsuitable for most investors. This investment is illiquid. Meaning you cannot sell it when you want. This investment has lost value. In 2020, a company offered to buy these shares for $5.00/share.

Stay away from this bad financial advisor.

Cindy Couyoumjian, CFP

Cinergy Financial

15145 Woodlawn Ave #100

Tustin, CA

Submitted: December 30, 2023

Is Cindy Couyoumjian, CFP a legit?

Cindy Couyoumjian, CFP is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 1 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is Cindy Couyoumjian, CFP located?

Cindy Couyoumjian, CFP is headquarted at 15145 Woodlawn Ave. STE 100, Tustin, CA 92780. You can contact Cindy Couyoumjian, CFP by dialing 714-210-0549 or visit their website

How much monetary loss is incurred by Cindy Couyoumjian, CFP’s customers?

According to Cindy Couyoumjian, CFP’s customers, a monetary loss of US $300000 has been reported. The severity of entire incident reports is extremely high.

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Reviews: 0
Reported Loss : 300000 $
Severity : Extremely High
Reported by : Anonymous
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