Wilson Kwok: $600K Complaint Against Wells Fargo Advisor

Daly City, California financial advisor Wilson Kwok (CRD# 5083791) recently received an investor complaint alleging that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Wells Fargo Clearing Services.

Mr. Kwok’s BrokerCheck report discloses one investor complaint. Filed in July 2024, it alleges that as a representative of Wells Fargo Clearing Services, he breached his fiduciary duty by misrepresenting and recommending unsuitable investments in unspecified products. The pending complaint alleges damages of at least $600,000.

Wells Fargo’s website includes a profile of Mr. Kwok that describes his background and services. “As a Financial Advisor with Wells Fargo Advisors, I can deliver a full range of investment planning strategies tailored to your unique needs,” it explains. “Whether you are investing for retirement, education expenses or some other goal, I will help you make informed decisions about your investment strategy. You have access to additional resources available through affiliates, including trust and estate services, insurance products, and much more.”

According to the Financial Industry Regulatory Authority, Wilson Kwok holds 18 years of securities industry experience. Based in Daly City, California, he has been registered as a broker and an investment advisor with Wells Fargo Clearing Services since 2011 and 2013, respectively. His past registrations include Wells Fargo Investments (Foster City, California; 2010-2011), Wells Fargo Advisors (San Francisco, California; 2008-2010), Citigroup Global Markets (Redwood, California; 2007-2008), and Citicorp Investment Services (Redwood, California; 2006-2007). 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 Investment Adviser Law Examination, or Series 65. He is licensed in Arizona, California, Florida, Hawaii, Idaho, Massachusetts, Nevada, Virginia, and Washington. (Information current as of August 17, 2024.)

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