Investor Alleges Anthony Mampieri Failed to Act in Her Best Interest

Anthony Mampieri (CRD #: 1653703), a broker registered with Wells Fargo Advisors Financial Network, was the subject of a recent investor dispute, according to his BrokerCheck record, accessed on March 15, 2025. Investors may have also worked with him through Wells Fargo Advisors. Keep reading to learn more about his alleged conduct as a broker.

Investor Disputes

On December 13, 2024, an investor alleged that Anthony Mampieri failed to manage her accounts in her best interest from 2010-2023. The client sought $7.7. million in damages but the firm denied the dispute.

However, investors should be aware that firms can deny disputes without an external review. Investors can still recover damages following a denial by pursuing FINRA arbitration.

On October 13, 2016, multiple investors filed a dispute alleging that Anthony Mampieri violated the suitability rule in connection with investments in structured products from 2011-2016. This dispute sought $891,245.77 and was settled for $110,000.

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must consult the investor’s profile, which contains information about their age, risk tolerance, and investing experience.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

Background Information

Anthony Mampieri has passed the following exams:

• General Securities Sales Supervisor Examination (Options Module & General Module) – Series 8
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Securities Agent State Law Examination – Series 63

Anthony Mampieri is a registered broker in 11 states and a registered investment adviser in Florida and Ohio.

He has also worked for the following firms:

• Morgan Stanley (CRD#:149777)
• Robert W. Baird & Company (CRD#:8158)
• Northwestern Mutual Investment Services (CRD#:2881)
• Fifth Third/The Ohio Company (CRD#:628)
• Sherwood Capital (CRD#:10474)

Kurta Law Can Help

If you worked with Anthony Mampieri and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.