Francisco Escalera: Edward Jones Advisor Lands ETF Complaint

Midland, Texas financial advisor Francisco Escalera (CRD# 6242161) 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 Edward Jones.

Mr. Escalera’s BrokerCheck report discloses one investor complaint. Filed in July 2024, it alleges that as a representative of Edward Jones, he recommended an unsuitable investment in exchange-traded funds between December 2020 and May 2022. The pending complaint alleges unspecified damages.

Edward Jones’ website includes a profile of Mr. Escalera in which he describes his background, services, and approach to working with his clients. “We each have our own version of financial success, but I will work closely with you to create a custom investment strategy geared toward meeting your unique financial needs and long-term goals,” he explains. “Let me help lead you down the road to financial success and security so that you can live an abundant life with your family as well as building your business, pursuing your passions or wherever the road may take you.”

According to the Financial Industry Regulatory Authority, Francisco Escalera holds 10 years of securities industry experience. Based in Midland, Texas, he has been registered as a broker and an investment advisor with Edward Jones since 2022. His past registrations include Merrill Lynch (2019-2022), BB&T Securities (2018-2019), BB&T Investment Services (2016-2018), and Wells Fargo Advisors (2013-2016). 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 Arizona, California, Colorado, Florida, Illinois, Missouri, New Mexico, Ohio, Oklahoma, and Texas. (Information current as of August 25, 2024.)

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