Parviz Pourfarid: $160K Bond Complaint Against WIS Advisor

A recent investor complaint against Pasadena, California financial advisor Parviz Pourfarid (CRD# 2112613) alleges that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Western International Securities.

Mr. Pourfarid’s BrokerCheck report discloses one investor complaint. Filed in May 2025, it alleges that as a representative of Western International Securities, he provided misleading information and recommended unsuitable corporate bonds. The pending complaint alleges damages of $160,000.

A second disclosure on his BrokerCheck report concerns his termination from Merrill Lynch. Filed in 2010, it states that the firm fired him in connection with allegations that he altered a client’s annuity withdrawal request form.

Atria Wealth Solutions, which acquired Western International Securities in 2020, includes a page on its website describing its background, philosophy, and services. “Atria was founded because something in our industry was being forgotten,” it explains. “We simply believed that with all the latest trends and technology, people lost sight of the greatest advantage financial professionals have: a real, personal connection to clients and members. Because at its core, wealth management is people helping people.”

According to the Financial Industry Regulatory Authority, Parviz Pourfarid holds 33 years of securities industry experience. Based in Pasadena, California, he has been registered as a broker and an investment advisor with Western International Securities since 2010. His past registrations include Merrill Lynch, Banc of America Investment Services, Merrill Lynch, Essex National Securities, Citicorp Investment Services, Cal Fed Investments, and Invest Financial Corporation. His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Arizona, California, Louisiana, Pennsylvania, and Wisconsin. (Information current as of June 7, 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.