Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Stewart (Stewart), currently associated with Wells Fargo Advisors Financial Network, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stewart recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on March 18, 2025.
Arbitration: Claimants allege that in 2016, the FA switched their accounts to an unsuitable fee-based account and mislead them regarding the advisory fees associated with the account.\, Complaint: Client claims charging commissions, rather than management fees, would have been more appropriate and therefore seeks reimbursement for the fees. (11/17/2017-10/1/2024)