Wells Fargo Clearing Services

Broker Dylan Shepherd in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dylan Shepherd (Shepherd), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Shepherd 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 $40,000.00 on May 10, 2023.

Claimant alleges the advisor recommended an unsuitable Oil & Gas investment.

There are Recent Customer Complaints with Broker Stanley Smith in Firm Wells Fargo Clearing Services, LLC

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stanley Smith (Smith), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Smith 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 $250,000.00 on April 26, 2023.

Claimant alleges his Financial Advisor (FA) recommended an investment strategy unsuitable for Claimant.

Broker Steven Hill in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

September 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Hill (Hill), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hill recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 30, 2023.

Claimants allege in 2019 their Financial Advisor (FA) misrepresented unsuitable investments in order to generate higher commissions.

Broker Yancey Carter in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

September 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yancey Carter (Carter), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carter recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 25, 2023.

In or around July 2020, Claimants’ Financial Advisor (FA) misrepresented the risks of loss involved with short selling shares of stock in their account.

Broker Robert Tolstoi in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Tolstoi (Tolstoi), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Tolstoi recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on June 05, 2023.

Claimant alleges that from 2019, the financial advisor made unsuitable investments and exploited the Claimant by unlawfully taking money from her.

Broker Bryan Musso in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bryan Musso (Musso), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Musso 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 $187,826.00 on June 23, 2023.

Breach of fidicuary duty and inappropriate investments

There are Recent Customer Complaints with Broker Matthew Cannariato in Firm Wells Fargo Clearing Services, LLC

August 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Cannariato (Cannariato), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cannariato 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 $13,439.00 on June 28, 2023.

Customer alleges misrepresentation regarding a managed account investment. Activity dates 5.12.21 – 5.12.21.

Broker Jeffrey Mullins in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Mullins (Mullins), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mullins recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 01, 2025.

The client verbally complained that their Financial Advisor advised them they would receive the full return of principal when they surrendered during the free look period, but the returned sum was reduced by a market value adjustment. (2/25/2025 – 5/1/2025)

Broker Joseph Barreca in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Barreca (Barreca), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barreca 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 $300,000.00 on July 09, 2025.

Customer stated that Market Linked Notes that were purchased in 2021 were unsuitable for the account and not in the best interest of the customer because the account lacked diversification and the Notes were illiquid. Upon investigation, the firm concluded that the Notes were suitable for, and in the best interest of, the customer given the customer’s investment objectives and risk profile. The firm also concluded that the features of the Notes had been discussed with the customer prior to purchase.

Broker Leroy Born in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leroy Born (Born), previously associated with Wells Fargo Clearing Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Born recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on July 18, 2025.

The clients complained that they did not authorize an additional purchase of securities, and that the securities were too risky. The clients also complained that other securities recommended by the Financial Advisor did not meet their directive to invest in a “safe” investment. (09/05/2024 – 06/18/2025)