Steven Tann: $1mm Complaint Against Wells Fargo Advisor

Los Angeles financial advisor Steven Tann (CRD# 1589757) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Wells Fargo, having previously been registered with JP Morgan Securities.

Mr. Tann’s BrokerCheck report discloses one investor complaint. Filed in April 2025, it alleges that as a representative of JP Morgan Securities, he recommended unsuitable stock investments. The pending complaint alleges damages of $1 million.

Wells Fargo’s website includes a profile of Mr. Tann in which he describes his services and approach to working with his clients. “You are pursuing your financial goals and deserve someone who can help you with advice and guidance,” he explains. “I am here to listen and help you plan for your future with confidence. I’m backed by the resources, expertise, and investment selection of one of the nation’s most recognized financial services companies. Let me help you develop an investment strategy that is flexible and tracks your goals.”

According to the Financial Industry Regulatory Authority, Steven Tann holds 16 years of securities industry experience. Based in Los Angeles, California, he has been registered as a broker and an investment advisor with Wells Fargo since 2022. His past registrations include JP Morgan Securities, Morgan Stanley Smith Barney, Oppenheimer & Company, EF Hutton & Company, and Bear Stearns & Company. His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the National Commodity Futures Examination, or Series 3; the Uniform Combined State Law Examination, or Series 66; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Arizona, California, Connecticut, Florida, Georgia, Hawaii, Massachusetts, Michigan, Nevada, New York, North Carolina, Texas, and Wyoming. (Information current as of June 2, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.