Taylor Edward Browman of Newport Beach California a stockbroker currently employed by Wells Fargo Clearing Services LLC is referenced in a customer initiated investment related written complaint on July 21, 2018 where the customer sought $23,792.80 in damages based upon allegations that between January 1, 2018 and July 21, 2018, the customer had been charged management fees on the customer’s wrap account when the customer had not signed up for the services. Maybe the customer could have ascertained the existence of these fees by reviewing any of their monthly customer statements.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Browman is referenced in three more customer initiated investment related disputes pertaining to accusations of his violative conduct during the time that he was associated with securities broker dealers including Salomon Smith Barney. In particular, a customer initiated investment related arbitration claim concerning Browman’s conduct was settled for $20,000.00 in damages supported by allegations that fiduciary duties owed to the customer had been breached and misrepresentations had been made relating to the securities transactions placed in the customer’s account.
Moreover, a customer filed an investment related complaint concerning Browman’s conduct in which the customer requested unspecified damages founded on accusations that while Browman was associated with Salomon Smith Barney, stock trades were executed in the customer’s account on an excessive basis, and the customer’s funds had been used for the purchase of equities that were not suitable for the customer.
Browman has been registered with Wells Fargo Clearing Services LLC since September 1, 2006.
