Aubrey Parker Allegedly Failed to Report Customer Complaint

Aubrey Parker (CRD #: 2454088), a broker formerly registered with Wells Fargo Clearing Services, was fired from that firm, according to his BrokerCheck record, accessed on September 3, 2025. If you have questions about his alleged conduct as a broker, keep reading.

Termination from Wells Fargo Clearing Services

On June 16, 2025, Aubrey Parker was fired from Wells Fargo Clearing Services following allegations that he failed to report a customer complaint.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Investor Disputes

On January 16, 2025, an investor alleged that Aubrey Parker executed unsuitable trades involving speculative preferred stocks. This dispute is currently pending.

In a dispute filed on May 6, 2020, an investor alleged that Aubrey Parker executed transactions in their account from 2013 through 2019, following their son’s direction but without their own authorization. This dispute was settled for $125,000.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take into account investors’ financial goals when recommending investments. Brokers must consult the investor’s profile, which contains information about their tax status, age, and risk tolerance.

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

FINRA Rule 3260

Unauthorized trading violates FINRA Rule 3260, which limits brokers to exercising their trading discretion in pre-approved discretionary accounts.

Background Information

Aubrey Parker has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

He previously worked for the following firms:

• Wells Fargo Clearing Services (CRD#:19616) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691)
• Wells Fargo Advisors (CRD#:19616)
• Wachovia Securities (CRD#:431) 
• Wachovia Brokerage Service (CRD#:17503) 
• Waddell & Reed (CRD#:866) 

Kurta Law Can Help

If you worked with Aubrey Parker 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.