Jorgensen v. State National Bank & Trust Co.

This appeal presents a question whether “retirement planners” are “professionals” within the meaning of Neb. Rev. Stat. § 25-222 (Reissue 1995). We conclude that the retirement planners in the instant case are not professionals and that they did not render professional services; therefore, we reverse, and remand for further proceedings.

BACKGROUND

State National Bank and Trust Company (Bank) was the custodian of Kenneth Jorgensen’s individual retirement account *242(IRA). Bank’s employees rendered certain advice to Jorgensen concerning his IRA that resulted in the disqualification of Jorgensen’s…