Investors potentially experienced sales practice violations due to securities broker Wilson Kwok [CRD: 5083791, South San Francisco, California], based on publicly available information reported on FINRA BrokerCheck. Wilson Kwok has worked with Wells Fargo Clearing Services LLC since January 3, 2011, and with Wells Fargo Advisors since August 9, 2013. Read on to find out more the allegations and disclosures concerning Wilson Kwok’s conduct as a financial advisor.
Notably, on July 17, 2024, a Wells Fargo Clearing Services LLC client filed FINRA Arbitration No. 24-01548 about Wilson Kwok. Mainly, the client alleged that Kwok breached his fiduciary duty by misrepresenting investments and giving unsuitable advice. On April 17, 2025, Wells Fargo Clearing Services LLC agreed to pay $30,000 to settle the matter.
When a securities broker or financial advisor breaches their fiduciary duty, it means they failed to act in their client’s best interest, often for personal gain or negligence. If a broker recommends investments that are inappropriate for a client’s financial profile, goals, or risk tolerance—known as “unsuitable recommendations”—this may constitute a breach. Misrepresenting these investments further compounds the violation, as clients may make decisions based on misleading or incomplete information, leading to financial harm.
Do you need clarification on any investment losses relating to Wilson Kwok? Contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a potential recovery of your losses. Soreide Law Group has helped to recoup losses for clients throughout the United States. Also, the firm takes cases on a contingency fee basis and advances all costs. Kwok and brokerage firms Kwok 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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