Close Menu
Free Consultation: 888-976-6111

Plato Guerra: Pro Ace Wealth Advisor Faces ETF Complaint

A recent investor complaint alleges that Camarillo, California financial advisor Plato Guerra (CRD# 4504920) engaged in conduct that resulted in damages in a customer’s account. Records maintained by the Financial Industry Regulatory Authority show that he is a broker and an investment advisor with SagePoint Financial, operating under the brand Pro Act Wealth Solutions.

Mr. Guerra’s BrokerCheck report discloses one investor complaint. Filed in May 2023, it alleges that as a representative of SagePoint Financial, he recommended an unsuitable strategy and failed to follow instructions. The pending complaint, which relates to investments in exchange-traded funds, alleges damages of $85,000.

To read further about exchange-traded fund products, which are highly complex and may not be suitable for all investors, visit our investor resource here.

According to the Financial Industry Regulatory Authority, Plato Guerra holds 21 years of securities industry experience. Based in Camarillo, California, he has been a broker and an investment advisor with SagePoint Financial since 2005 and 2012, respectively, operating under the brand Pro Act Wealth Solutions. He was previously registered with SunAmerica Securities in Phoenix, Arizona from 2002 until 2005. 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, Georgia, Hawaii, Idaho, Indiana, Missouri, Montana, Nevada, New York, Oregon, Tennessee, Texas, Utah, Washington, and Wyoming. (Information current as of June 11, 2023.)

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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Mike Wetrich: Regulators Censure Great Plains Wealth Advisor

    Sioux Falls, South Dakota financial advisor Mike Wetrich (CRD# 2842343) was recently censured in connection with alleged rule violations. Financial...

    Read More
  • Bruce Stark: Aegis Denies $71K Margin Complaint Against Advisor

    A recent, denied investor complaint against Melville, New York financial advisor Bruce Stark (CRD# 2912344) alleged that he recommended the...

    Read More
  • Steven Sharp: Did Wells Fargo Advisor Make Unauthorized Transfer?

    Jackson, Mississippi financial advisor Steven Sharp (CRD# 3178563) recently received an investor complaint alleging that he made an unauthorized transfer....

    Read More
  • Parker Brean: Hilltop Advisor Faces Excessive Trading Complaint

    A recent investor complaint against San Diego financial advisor Parker Brean (CRD# 5507026) alleges that he made excessive trades. Financial...

    Read More
  • Previous
  • Next