Ranjeet Guptara: Suitability Complaint Against Ex-UBS Advisor

Melville, New York financial advisor Ranjeet Guptara (CRD# 7203719) allegedly recommended an unsuitable transaction, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and as an investment advisor with Aegis Capital Corporation.

Mr. Guptara’s BrokerCheck report discloses one investor complaint. Filed in August 2025, it alleges that as a representative of UBS Financial Services, he recommended an inappropriate and unsuitable cross currency swap, and that he failed to properly disclose the material risks and characteristics of the transaction. The pending complaint alleges unspecified damages.

A press release published by Aegis Capital in July 2025 announces Mr. Guptara’s hiring by the firm. As it explains, he joined the firm as a Managing Director, having previously worked at firms including UBS and Wells Fargo, advising leadership at banks and wealth management firms. “Since 2001, he has provided strategic insights to families, corporations, institutions, and governments worldwide,” the press release states. “He understands that disparate relationships foster innovative perspectives to benefit partners. Leading and coordinating cross-disciplinary teams, he uses cutting-edge technologies to achieve complex goals, whether facilitating a once in a lifetime transaction, such as the sale of a family business, or stewarding the transfer of wealth across generations.”

According to the Financial Industry Regulatory Authority, Ranjeet Guptara holds five years of securities industry experience. Based in Melville, New York, he has been registered as a broker and as an investment advisor with Aegis Capital Corporation since May 2025. He was previously registered with UBS Financial Services in Los Angeles, California from 2020 until 2025. His credentials include the passage of three securities industry qualifying exams: the Uniform Combined State Law Examination, or Series 66; the Securities Industry Essentials Examination, or SIE; and the General Securities Representative Examination, or Series 7TO. He holds 24 state licenses. (Information current as of September 15, 2025.)

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