Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 8, 2018 indicate that California-based JW Cole Financial broker/adviser Paul Avila was recently discharged from his former employer in connection to alleged rule violations. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Avila (CRD# 1816504).
Paul Avila has spent 28 years in the securities industry and has been registered with JW Cole Financial in San Juan Capistrano, California since December 2017. Previous registrations include LPL Financial in Irvine, California (1999-2017); Banc of America Investment Services in Boston, Massachusetts (1999); BA Investment Services in Oakland, California (1992-1999); GNA Securities in Richmond, Virginia (1990-1992); and Dean Witter Reynolds in Purchase, New York (1989-1990). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 7, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 20, 1989; Series 7 (General Securities Representative Examination), which he obtained on March 18, 1989; and Series 24 (General Securities Principal Examination), which he obtained on January 28, 2000. He is a registered broker and investment advisre with two US states (California and Minnesota) and one self-regulatory organization (SRO): FINRA.
According to his BrokerCheck report, he was discharged from his former employer in connection to alleged misconduct.
In September 2017 he was terminated from his position at LPL Financial following allegations he violated the firm’s suitability policy in connection to the recommendation of several variable annuity transactions.
If you or someone you know has a complaint regarding Paul Avila, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.