Perry Bacon Fired by Wells Fargo Advisors Financial Network

Perry Bacon (CRD #: 4952750), a broker registered with LPL Financial, was recently terminated by Wells Fargo Advisors Financial Network. This disclosure appears on his BrokerCheck record, accessed on March 8, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On January 8, 2024, Wells Fargo Advisors Financial Network fired Perry Bacon following allegations that he referred a client to a third-party lender. He also allegedly approved a non-approved Zoom account to conduct client business and failed to supervise the receipt of physical securities. 

Failure to Supervise 3110

FINRA Rule 3110 requires that firms establish systems of supervision to maintain their compliance with securities regulations. This includes appointing supervisors and providing them with Written Supervisory Procedures (WSPs).

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 3110 also violate this rule. 

Background Information

Perry Bacon has passed the following exams:  

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

He is a registered broker in 37 states and D.C. He is also a registered broker in California and Texas. 

During his 17 years of experience, he has registered with four firms: 

• LPL Financial (CRD #: 6413) 
• Wells Fargo Advisors Financial Network (CRD #: 11025) 
• Morgan Stanley (CRD #: 149777) 
• UBS Financial Services (CRD #: 8174) 

Kurta Law Can Help 

If you have worked with Perry Bacon and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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.