Port Washington, Wisconsin financial advisor Paul Baldino (CRD# 2024264) allegedly made excessive trades, according to a recent investor complaint. Financial...
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Hector Mercado: UBS Financial Advisor Has Four Complaints
Hector Mercardo, of UBS Financial Services in Miami, Florida, has four customer complaints on his regulatory report maintained by the Financial Industry Regulatory Authority (FINRA). Of the four complaints, three are from April 2016 to May 2017 and appear to relate to Puerto Rico closed-end bond funds and municipal bonds. One claim, alleging “misrepresentations,… Read More »
Alberto Castaner: Morgan Stanley Financial Advisor Has Four Customer Complaints
Alberto Castaner, a financial advisor in Morgan Stanley’s Fort Lauderdale office, has four customer complaints against him. The complaints are disclosed on his regulatory report with the Financial Industry Regulatory Authority (FINRA). On September 19, 2017, a customer brought a FINRA arbitration, alleging $850,000 in damages relating to “investment recommendations to purchase and to… Read More »
Rafael Gonzalez-Stawinski: Morgan Stanley Financial Advisor Has Eight Customer Complaints
Rafael Gonzalez-Stawinski, a financial advisor in Morgan Stanley’s Coral Gables office, has eight customer complaints on his regulatory record. Of the eight, two are currently pending: one dated August 14, 2017, alleging “unsuitability, overconcentration, breach of fiduciary duties, negligence, negligent supervision, failure to supervise, fraud, breach of contract, and violations of securities laws and… Read More »
David Garcia Cirilo: Morgan Stanley Financial Advisor Has 11 Customer Complaints
David Garcia Cirilo, a Morgan Stanley financial advisor in the Miami, Florida office, has 11 customer complaints against him. The 11 complaints contain allegations of combined damages exceeding $14 million. Almost every complaint, except for a complaint dating back to 2009, appear to relate to Puerto Rico municipal bonds. Ten of the complaints are… Read More »
Luis Rafael Bonilla: Morgan Stanley Advisor Has Six Customer Complaints
Luis Rafael Bonilla, a financial advisor in Morgan Stanley’s Miami office, has six customer complaints reported on his regulatory report. The latest complaint against Luis Bonilla was received on March 28, 2018. The customer, who made a written complaint, alleged unsuitability with respect to purchases of corporate bonds. The complaint was ultimately denied by… Read More »
Marco Rodolfo Bigotti of Morgan Stanley Received Customer Complaint
According to Financial Industry Regulatory Authority (FINRA) records, on or around June 18, 2017, a customer of Marco Rudolf Bigotti made a customer complaint alleging damages of $139,454.00. According to the complaint, the “customer alleges to have a conservative portfolio and that financial advisor recommend financial instruments that decrease his family capital by more than… Read More »
Douglas Keller Suspended By Financial Regulator Following Termination From AXA Advisors
According to a Financial Industry Regulatory Authority (FINRA) Letter of Acceptance, Waver and Consent dated January 2, 2017, financial advisor Douglas Keller has been suspended by FINRA for three months and fined $5,000 for selling 14 life insurance policies without disclosing the sales to AXA Advisors. According to FINRA, Keller violated FINRA Rules 3270… Read More »
Regulators Suspend Financial Advisor Kevin Jedlicka Following Termination From Chapin Davis
On January 2, 2018, it was announced that the Financial Industry Regulatory Authority (FINRA) suspended financial advisor Kevin Jedlicka (CRD#2339602) for six months. This comes after Jedlicka was terminated from Chapin Davis on or around January 22, 2016, for “unsuitable transactions and excessively trading customer accounts.” Jedlicka was last employed by Capital Portfolio Management,… Read More »
Financial Advisor Adam Vernon Barred By FINRA After Termination From Quester Capital
Financial Advisor Adam Vernon Barred has been barred from the financial industry by the Financial Industry Regulatory Authority (FINRA) following his termination from Quester Capital in February 2017. According to regulatory reports, Vernon was fired from Questar for “fail[ing] to report an outside business activity on a timely basis in violation of firm policies… Read More »
John James: Former Merrill Lynch and Stifel Financial Advisor Barred By Regulators
Minnesota-based financial advisor John M. James has been barred by the Financial Industry Regulatory Authority (FINRA). This news follows a March 2016 resignation from Merrill Lynch, Pierce, Fenner & Smith with allegations that James was “engaging in undisclosed outside business activity/private investments and borrowing money from clients” and a September 2016 termination from Stifel… Read More »
