Martin Welzmuller No Longer with Wells Fargo
Martin Welzmuller (CRD #: 2417850) voluntarily resigned from Wells Fargo following allegations regarding his business communications. This disclosure appears on his BrokerCheck record, accessed on October 10, 2023. Following his resignation, he registered with Stifel, Nicolaus & Company. Details concerning his resignation are provided below.
On August 1, 2023, Martin Welzmuller voluntarily resigned from Wells Fargo following firm allegations regarding his compliance with the firm’s communications policy. The alleged violations concern business communications that may have been sent to personal email.
FINRA Rule 2010
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to comply with a firm’s communications policy may violate this rule.
FINRA Rule 3110
FINRA Rule 3110 requires that firms establish supervisory systems to ensure their compliance with securities regulations. Supervision includes business communications, and for that reason brokers are not allowed to communicate with investors using personal emails or phone numbers.
Martin Welzmuller has passed the following exams:
- Series 65 Uniform Investment Adviser Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
He is registered as a broker in 26 states and D.C. He is a registered investment adviser in New Jersey and Texas.
Martin Welzmuller has registered with the following firms:
- Stifel, Nicolaus & Company (CRD #: 793)
- Wells Fargo Clearing Services (CRD #: 19616)
- RBC Capital Markets (CRD #: 31194)
- J.B. Hanauer & Co. (CRD #: 6958)
- Ryan Beck & Co. (CRD #: 3248)
Kurta Law Can Help
If you worked with Martin Welzmuller and have concerns about your investments, please contact us today at 877-600-0098 or email@example.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.