Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Diego Bacellar (Bacellar), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bacellar recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $80,000.00 on April 10, 2026.
A client alleged that he gave funds directly to the registered representative for an investment not associated with the firm. The client further alleged that the registered representative represented he would receive monthly payments and the return of principal and interest. The client also alleged that the registered representative misrepresented two non-variable life insurance policies.