Joseph Ryan Cutler (CRD #5736708) Has an Employment Separation Disclosure and Financial Disclosures on FINRA BrokerCheck
Joseph Ryan Cutler (CRD #5736708) is a broker with disclosures listed on FINRA BrokerCheck. We reviewed his BrokerCheck report on January 27, 2026. It reflects one employment separation disclosure and eight financial disclosures. If you invested with Joseph Ryan Cutler and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Employment Separation After Allegations
Joseph Cutler’s FINRA BrokerCheck report reflects one employment separation disclosure. A summary is below:
On November 5, 2025, Wells Fargo Clearing Services, LLC reported that it discharged Joseph Cutler. The report states Wells Fargo Bank, N.A. discharged him for inappropriate use of a bank customer’s contact information. The report states the matter was not securities account related.
Financial Disclosures
Joseph Cutler’s FINRA BrokerCheck report reflects eight financial disclosures. Below are two examples. Six additional financial disclosures remain.
On January 26, 2023, the report lists a pending compromise with CitiBank. The original amount owed was $8,491. The settlement amount listed was $2,973.
On February 9, 2023, the report lists a pending compromise with JPMorgan Chase. The original amount owed was $3,933. The settlement amount listed was $3,000.
Rule Summary #1: FINRA Rule 3110 (Supervision)
FINRA Rule 3110 requires firms to supervise associated persons. Supervision helps reduce misconduct risk and protect investors.
Rule Summary #2: FINRA Rule 4530 (Reporting Requirements)
FINRA Rule 4530 requires firms to report specified events to FINRA within set timeframes. Reporting supports transparency for regulators and the public.
Why This Matters to Investors (Regulation Best Interest)
Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.
Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.
Reg BI is built around four key obligations:
- Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
- Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
- Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
- Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.
Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.
Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.
Background Information (from BrokerCheck)
Based on his FINRA BrokerCheck report, Joseph Cutler:
Is currently registered with Arete Wealth Management, LLC.
Has passed the Securities Industry Essentials (SIE) exam.
Has passed Series 7 and Series 6.
Has passed Series 66 and Series 63.
Was previously registered with firms that include Wells Fargo Advisors and J.P. Morgan Securities LLC.
Kurta Law Can Help
If you have worked with Joseph Cutler and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. 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 advisors and broker-dealers accountable for misconduct. If you believe your broker misrepresented an investment or failed to act in your best interest, our firm may be able to help.