Patrick Buttarazzi Involved in Investor Dispute

Patrick Buttarazzi (CRD #: 2316559), a broker registered with Wells Fargo Clearing Services, was the subject of an investor dispute, according to his BrokerCheck record, accessed on June 1, 2025. Investors may have also engaged his services through Wells Fargo Advisors. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On February 13, 2025, an investor alleged that Patrick Buttarazzi stated that their annuity contract would provide a guaranteed monthly income, and that this contract was later terminated. The client alleged that these events took place between January 1, 2025, and the date of dispute filing. This dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without an external review. Investors can still recover damages after a denial by seeking out FINRA arbitration.

FINRA Rule 2010

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

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of investors’ funds.

Background Information

Patrick Buttarazzi has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Futures Managed Funds Examination – Series 31
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

Patrick Buttarazzi is a registered broker in 26 states and a registered investment adviser in Maryland, South Carolina, and Texas.

He has also worked for the following firms:

• UBS Financial Services (CRD#:8174)
• Prudential Securities (CRD#:7471)
• Smith Barney (CRD#:7059)
• Lehman Brothers (CRD#:7506)

Kurta Law Can Help

If you worked with Patrick Buttarazzi 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.