Wells Fargo Advisors Fraud and/or Investment Loss Customer Complaint Disclosures
Wells Fargo Advisors
Wells Fargo Advisors is a subsidiary of Wells Fargo (parent company) and is located in St. Louis, Missouri and recognized as the ninth largest brokerage firm in the United States with approximately $490 billion assets under management handled by 15,000+ advisors. This firm was formerly known as Wachovia Securities until 2009 when Wells Fargo acquired it. It was founded in 1879 as Leopold Cahn & Co.
Wells Fargo Advisors has several divisions:
- Private Client Group (PCG)
- Wealth Brokerage Services (WBS) – (Bank Brokerage)
- Independent Brokerage Group (IBG)
Wells Fargo Financial Advisor Tyler Rigsbee Barred After Allegations of Mishandling Customer Accounts
By Wolper Law Firm, P.A. | July 23, 2021
Tyler Rigsbee (CRD#: 6351278) was a previously registered Broker and Investment Advisor at Wells Fargo Clearing Services, LLC in Sacramento, CA. He entered the securities industry in 2014 and previously worked for Edward Jones. According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in July 2021, [....] Read More →
First Financial Equity Corp. Investment Advisor Scott Wayne Reed Barred by FINRA After Allegations of Selling Away
By Wolper Law Firm, P.A. | February 28, 2021
Scott Wayne Reed (CRD#: 3007033) was an Financial Advisor at First Financial Equity Corporation and Wells Fargo Advisors in Scottsdale, AZ. He entered the securities industry in 1999 and previously worked for Coastal Equities, Inc.; Accelerated Capital Group; Meridian United Capital, LLC; Fidelity Brokerage Services, LLC; and Ameritrade. According to [....] Read More →
Wells Fargo Clearing Services, LLC Broker, Kevin Schaefer, Has Had Six Customer Complaint Disclosures Throughout His Career
By Wolper Law Firm, P.A. | January 11, 2021
Kevin Schaefer (CRD # 1286030) is a Financial Advisor at Wells Fargo Clearing Services, LLC in San Francisco, CA. Kevin Schaffer has been in the securities industry since 1984. Kevin Schaffer worked for Merrill Lunch, Pierce, Fenner & Smith Incorporated from 2011-2019. Kevin Schaefer’s employment history also includes UBS Financial [....] Read More →
Former Wells Fargo Broker, Kurt Gunter, Suspended By FINRA Relating To Sales of Unit Investment Trusts (UITs)
By Wolper Law Firm, P.A. | December 27, 2020
Kurt Gunter (CRD # 2747789) was a Financial Advisor at Wells Fargo Advisors in Bee Cave, Texas. Kurt Gunter has been in the securities industry since 1996 and previously worked at Stifel, Nicolaus & Co. and Raymond James. According to publicly available records released by the Financial Industry Regulatory Authority [....] Read More →
Fort Lauderdale Wells Fargo Broker, Jeffrey Eiler, Has Twelve Customer Complaints, Including Ten Since 2015
By Wolper Law Firm, P.A. | March 3, 2020
Jeffrey Eiler (CRD # 1028716) is a Financial Advisor at Wells Fargo Advisors in Ft. Lauderdale, FL. Jeffrey Eiler has been in the securities industry since since 1982 and previously worked at Janney Montogomery Scott and Prudential Securities. According to publicly available records released by the Financial Industry Regulatory Authority [....] Read More →
Former Wells Fargo Financial Advisor, Elizabeth Guarino, Suspended By FINRA For Alleged Recommendation Of Unsuitable Speculative Securities Transactions
By Wolper Law Firm, P.A. | November 16, 2019
Elizabeth Guarino (CRD # 1264531) was a Financial Advisor at Wells Fargo Clearing Services, LLC in Woodbury, NY. Elizabeith Guarino has been in the securities industry since 1984 and previously worked at Morgan Stanley, Salomon Smith Barney and Lehman Brothers. According to publicly available records released by the Financial Industry [....] Read More →
Former Wells Fargo Financial Advisor, Stephen Klinger, Barred By FINRA After Failing To Comply With Investigation Into Alleged Misappropriation Of Client Funds To Personally Trade Options
By Wolper Law Firm, P.A. | October 14, 2019
Stephen J. Klinger (CRD # 1294139) was a Financial Advisor at Well Fargo Clearing Services, LLC in Asheville, NC. Stephen Klinger has been in the securities industry since 1985 and previously worked at Wachovi Securities, Fortis Investors, Merrill Lynch, The Robinson-Humphrey Company, Edward Jones and Shearson Lehman Brothers. According to [....] Read More →
Former Wells Fargo Broker, Leonard Kinsman, Has Five Customer Complaints, Including One Pending Complaint, Alleging Unsuitability And Forgery Of Business Records
By Wolper Law Firm, P.A. | October 6, 2019
Leonard Kinsman (CRD # 2816535) was a Financial Advisor at Wells Fargo Advisors in Staten Island, NY. Leonard Kinsman has been in the securities industry since 1997 and previously worked at Merrill Lynch and Citigroup. According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), Leonard Kinsman [....] Read More →
Former Wells Fargo And Morgan Stanley Broker, Herbert Hafen, Barred By FINRA And Sued By The SEC For Allegedly Operating A Fraudulent Investment Scheme
By Wolper Law Firm, P.A. | September 18, 2019
Herbert Hafen (CRD # 867068) is a former Financial Advisor at Wells Fargo and Morgan Stanley in New York, NY. Herbert Hafen has been in the securities industry since 1979 and previously worked at Bear, Stearns. According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), [....] Read More →
Former Wells Fargo Clearing Services Financial Advisor, Stephen Kelbick, Suspended By FINRA For Sales Practice Violations
By Wolper Law Firm, P.A. | August 23, 2019
Stephen A. Kelbick (CRD # 1429133) was a Financial Advisor at Wells Fargo Clearing Services in Villanova, PA. Stephen Kelbick has been in the securities industry since 1985 and previously worked at Morgan Stanley, Citigroup, Lehman Brothers and Prudential-Bache Securities. According to publicly available records released by the Financial Industry [....] Read More →
