Emilio Guajardo: $188K UIT Complaint Against Former BB&T Advisor
Merrill Lynch financial advisor Emilio Guajardo (CRD# 4871764) has received multiple investor complaints, including one that settled for more than $250,000. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in The Woodlands, Texas. He was previously registered with BB&T Securities.
Mr. Guajardo’s BrokerCheck report discloses two investor complaints. The most recent, filed in April 2022, alleges that as a representative of BB&T Securities, he recommended an unsuitable investment in a unit investment trust (UIT). The pending complaint alleges damages of $188,000.
An earlier investor complaint, filed in 2020, alleged that the investor “indicated… that his primary concern was safety of principal” in connection with a UIT investment while he was at BB&T Securities. The complaint reached a settlement of $267,979.69.
According to the Financial Industry Regulatory Authority, Emilio Guajardo holds 14 years of securities industry experience. Based in The Woodlands, Texas, he has been a broker and an investment advisor with Merrill Lynch since 2020. His past registrations include BB&T Securities (Houston, Texas; 2018-2020), BB&T Investment Services (Houston, Texas; 2015-2018), Wells Fargo Advisors (The Woodlands, Texas; 2013-2015), BBVA Compass Investment Solutions (The Woodlands, Texas; 2011-2013), Chase Investment Services (Houston, Texas; 2010-2011), and BBVA Investment Solutions (Spring, Texas; 2007-2010). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in California, Illinois, and Texas. (Information current as of August 30, 2022.)
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