Absurd.  He got fired because from 2006-2009 he did not deliver an SPS letter for any SPS account that he managed.  If you were an Ameriprise client and you found out you paid an annual management fee and the advisor did not do what you were paying the fee for you'd be pretty pissed.  As a matter of fact I believe you've made many posts over the years of advisors that charge financial plan fees yet fail to deliver the plan.  How is this any different?  Selective logic on your end.

Due process.  You start with the letter of discipline, then the verbal warning, then the written warning, then the more frequent compliance meetings, then termination.  You can't fire a guy who's built a business over a couple of decades because of a couple of late SPS letters.  But by building up a big enough paper trail to justify the termination in court if he decided to sue, they were smart to bide their time.  Now if this was a forgery or money laundering case I can assume they would not have been so patient.  I would bet also that the clients who had SPS accounts under his management could get their management fees refunded to them if they were to request it.

I think you messed up when you tried linking your ad for Prada bags.