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Mara Otley Fired by Wells Fargo Advisors Financial Network

Mara Otley (CRD #: 4432590), a broker registered with IFP Securities, was fired by Wells Fargo Advisors Financial Network. This disclosure appears on his BrokerCheck record, accessed on September 13, 2024. Details concerning this disclosure are provided below. 

Employment Separation After Allegations 

On July 15, 2024, Wells Fargo Advisors Financial Network terminated Mara Otley following allegations that she sent confidential client information to a third party. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Sending confidential client information to a third party may violate this rule. 

Background Information 

Mara Otley has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 24 General Securities Representative Examination 

She is a registered broker in 15 states and is a registered investment adviser in Colorado, Florida, North Carolina, and Texas. 

Mara Otley has registered with the following firms: 

  • IFP Securities (CRD #: 297287) 
  • Independent Financial Partners (CRD #: 125112) 
  • Wells Fargo Advisors (CRD #: 11025) 
  • Wells Fargo Clearing Services (CRD #: 19616) 
  • Scottrade, Inc. (CRD #: 8206) 

Kurta Law Can Help 

If you worked with Mara Otley and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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