Merrill Lynch

Broker Mcfaddin Moise in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 21, 2026 | by Staff Attorney

Currently financial advisor Mcfaddin Moise (Moise), currently employed by brokerage firm Merrill Lynch, Pierce, Fenner & Smith Incorporated has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $20,000.00 on November 17, 2020.

Claimants allege their registered representative recommended one non-traded REIT purchase which was allegedly unsuitable.

Broker Michael Bates in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 20, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Bates (Bates), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Bates recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on November 22, 2020.

The customer alleges unauthorized trading in March 2020.

There are Recent Customer Complaints with Broker Michael Swenson in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

March 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Swenson (Swenson), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Swenson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on December 10, 2020.

Respondent Swenson failed to respond to FINRA request for information.

Broker Ryan Wanta in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Wanta (Wanta), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Wanta recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $36,213.73 on January 31, 2021.

The customer alleges failure to follow instructions on December 9, 2020.

Broker William Holly in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 9, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Holly (Holly), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Holly recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on February 03, 2021.

The beneficiary alleges unauthorized trading in early 2021.

There are Recent Customer Complaints with Broker Moses Salib in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

March 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Moses Salib (Salib), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Salib recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on February 09, 2021.

The customer alleges misrepresentation when the Financial Advisor discussed Individual Retirement Account (IRA) options, but failed to confirm pricing with the customer. Instead, the advisor transferred the customer to open a new account rather than place the trade; therefore, the customer suffered a loss.

There are Recent Customer Complaints with Broker Lynn Nicolaysen in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

March 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lynn Nicolaysen (Nicolaysen), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Nicolaysen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on December 30, 2025.

The clients alleged they did not authorize the liquidation of their account in October 2025.

Broker Steven Light in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Light (Light), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Light recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on February 22, 2021.

Client alleges the representative didn’t update their risk tolerance as instructed and as a result missed out on market gains.

There are Recent Customer Complaints with Broker Jose Iguina Hernandez in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

February 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jose Iguina Hernandez (Iguina Hernandez), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Iguina Hernandez recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $350,000.00 on March 11, 2021.

Client allege investments were unsuitable.

Broker Mandy Rofe in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

February 27, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Mandy Rofe (Rofe), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Rofe concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint on March 11, 2021.

The attorney representing the customer alleges unsuitable investment recommendations and churning.