Anthony Robert Vitagliano (CRD #2951676) Has 3 Customer Dispute Disclosures on FINRA BrokerCheck

Anthony Robert Vitagliano (CRD #2951676) is a broker currently registered with Wells Fargo Advisors and Wells Fargo Clearing Services, LLC, according to FINRA BrokerCheck. We reviewed his BrokerCheck report on April 11, 2026. It reflects three customer dispute disclosures. If you invested with Anthony Robert Vitagliano and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Anthony Vitagliano’s FINRA BrokerCheck Report reflects three customer dispute disclosures. A summary of two disclosures is below. BrokerCheck reflects one additional settled customer dispute.

On March 12, 2026, a customer alleged Anthony Vitagliano misrepresented managed account fees and overcharged the client. Anthony Vitagliano’s FINRA BrokerCheck report lists the time frame as August 15, 2011 to February 12, 2026. The matter is pending. BrokerCheck lists the product as managed or wrap accounts. BrokerCheck also includes Vitagliano’s statement denying the allegation and asking UBS to retract it.

On May 4, 2010, claimants alleged Anthony Vitagliano sold unsuitable Lehman Brothers bonds in May 2008. Anthony Vitagliano’s FINRA BrokerCheck report lists the product as a corporate bond. The claim sought $90,000 in damages. It later settled for $14,999 on October 10, 2011.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for a recommendation. It also requires the recommendation to fit the customer’s investment profile, including risk tolerance, objectives, and liquidity needs.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires brokers and firms to observe high standards of commercial honor and just and equitable principles of trade. Disputes about fee disclosures or sales practices can raise questions about whether that standard was met.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

1. Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

2. Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

3. Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

4. Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on His FINRA BrokerCheck report, Anthony Vitagliano:

Is currently registered with Wells Fargo Advisors and Wells Fargo Clearing Services, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Anthony Vitagliano has also passed Series 31 and Series 7. He has passed Series 65 and Series 63 as well.

Was previously registered with firms that include UBS Financial Services Inc. and Morgan Stanley.

Kurta Law Can Help

If you have worked with Anthony Vitagliano and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can help you assess potential causes of action. You may be entitled to pursue recovery through FINRA arbitration or other avenues. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | What is Securities Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.