Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on October 20, 2017 indicate that Texas-based Wells Fargo Clearing Services broker/adviser Michael Velarde has received several customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Velarde (CRD# 1707166).
Michael Velarde has spent 30 years in the securities industry and has been registered with Wells Fargo Clearing Services in El Paso, Texas since 2011. Previous registrations include Merrill Lynch in El Paso, Texas; Citigroup Global Markets in New York, New York; Lehman Brothers in New York, New York; and Merrill Lynch in New York, New York. He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 3 (National Commodity Futures Examination); Series 31 (Futures Managed Funds Examination); and Series 7 (General Securities Representative Examination). He is a registered broker and investment adviser with 13 US states and territories: Arkansas, California, Colorado, Florida, Louisiana, Mississippi, Montana, New Mexico, New York, Ohio, South Dakota, Texas and Washington.
According to his BrokerCheck report, he has received four customer complaints.