Investors potentially experienced sales practice violations because of securities broker Mark Connolly [CRD: 4443644, Fort Worth, Texas], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Connolly joined Wells Fargo Clearing Services LLC and Wells Fargo Advisors on January 1, 2008, operating out of Fort Worth and Colleyville, Texas. Below, you can learn more about the allegations involving this securities broker.
Specifically, on February 26, 2025, a Wells Fargo Clearing Services LLC client filed FINRA Arbitration No. 25-00174 about Mark Connolly. Particularly, the client alleged that Connolly made unsuitable transactions and engaged in unauthorized trading. For this reason, the client allegedly sustained damages. Consequently, the client requested approximately $965,252 in compensation from Wells Fargo or Connolly. Evidently, this arbitration is pending a resolution.
Unauthorized trading occurs when a securities broker places trades in a client’s account without the client’s permission or without discretionary authority. Financial advisors must receive prior approval for each trade unless the client has provided written authorization for discretionary trading. Unauthorized trades can result in significant investor losses and may be considered a breach of FINRA rules and fiduciary duty.
Did you experience losses because of Mark Connolly? You can reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney. Soreide Law Group helps recover losses for investors throughout the US. Also, the firm works on a contingency fee arrangement and advances all costs. Connolly and brokerage firms Connolly worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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