November 7, 2025

Patrick Groarke Facing Cetera Wealth Services Investor’s Unsuitable Recommendations Claim

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Investors possibly experienced sales practice violations by securities broker Patrick Joseph Groarke [CRD: 2213512, Blue Bell, Pennsylvania], according to public information on FINRA BrokerCheck. Evidently, Patrick Groarke worked for Wells Fargo Clearing Services LLC from June 20, 2013, to August 23, 2023, and has been registered with Cetera Wealth Services LLC since August 17, 2023, and with Cetera Investment Advisers LLC since August 18, 2023. See the following information to find out more about Groarke’s FINRA disclosures and investor disputes.

Cetera Wealth Services LLC Investor Accused Groarke Of Unsuitable Recommendations

Notably, on August 20, 2025, a Cetera Wealth Services LLC client filed FINRA Arbitration No. 25-01705 about Patrick Groarke. Mainly, the client alleged that Groarke made unsuitable recommendations. Because of this, the client allegedly incurred damages connected to fixed annuities. Consequently, the client requested $35,000 in compensation from Cetera Wealth Services LLC or Groarke. It appears that this arbitration is pending a resolution.

Patrick Groarke Disclosed Unsuitable Advice Allegations By Wells Fargo Advisors LLC Client

Additionally, a client of Wells Fargo Advisors LLC disputed Patrick Groarke’s sales practices, according to a complaint dated August 23, 2023. Allegedly, Groarke made unsuitable recommendations. It appears that Groarke allegedly caused the client to sustain damages associated with unit investment trusts. Therefore, the client sought compensation from Wells Fargo Advisors LLC or Groarke in the amount of $52,000 in this matter. However, the firm denied this complaint.

Wachovia Securities LLC Investor Accused Groarke Of Sales Practice Violations

Also, on June 6, 2007, a Wachovia Securities LLC client filed a complaint about Patrick Groarke. Primarily, the client alleged that Groarke recommended equities which poorly performed. For this reason, the client allegedly sustained damages. As a result, the client requested $44,000 in compensation from Wachovia Securities LLC or Groarke. However, the firm denied this client’s complaint.

Were You Impacted By Financial Advisor / Securities Broker Patrick Groarke?

Did you suffer any investment-related losses because of Patrick Groarke? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer concerning a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Groarke and brokerage firms Groarke worked for deny accusations of sales practice violations.

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