Javier Naselli: $5mm Complaint Against Ex-UBS Advisor

A recent investor complaint against Miami, Florida financial advisor Javier Naselli (CRD# 2425401) alleges that his conduct resulted in seven-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker with Creand Securities, having previously been registered with UBS Financial Services.

Mr. Naselli’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in June 2026, alleges that as a representative of UBS Financial Services, he “implemented [an] illicit and unsuitable selling away scheme to invest in a biorefinery in Uruguay.” The pending complaint alleges damages of $5 million.

An earlier investor complaint, filed in 2020, alleged that as a UBS Financial Services representative, he did not follow the customer’s instructions and recommended an unsuitable investment. The complaint alleged unspecified damages and was denied by the firm.

In a statement included with the denied complaint’s disclosure, Mr. Naselli defended himself against the allegations. “The client is an educated investor whose investment strategy and goals rotated between being risk adverse to wanting to make money in the equity market,” he wrote. “I had discussions with him where I discussed the risks, educating him as to the investments and he knew well the risks associated. All orders were reviewed and approved by the client and to the best of my recollection, the last orders places [sic] were unsolicited. Like most clients, he complained when the stocks were down and was happy (with himself) when he made money which almost all were his own purchases.”

According to the Financial Industry Regulatory Authority, Javier Naselli holds 31 years of securities industry experience. Based in Miami, Florida, he has been registered as a broker with Creand Securities since August 2025. His registration history includes UBS Financial Services, Credit Suisse Securities, Morgan Stanley, Dean Witter Reynolds, and Merrill Lynch. His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the General Securities Representative Examination, or Series 7; and the Futures Managed Funds Examination, or Series 31. He is licensed in Florida and Texas. (Information current as of July 3, 2026.)

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