FINRA barred former Wedbush Securities (Los Angeles) and Wells Fargo Clearing Services (Westlake Village) broker Richard Marion Blosser for failing to cooperate with an investigation into Blosser's trading in customer accounts, including purchasing and selling closed-end funds and preferred stock. FINRA also sought to investigate Wells Fargo for potential supervision violations.
According to AWC #2019061442701, the investigation began when Blosser left Wells Fargo in 2019, upon which he joined Wedbush Securities.
Richard Blosser's BrokerCheck file indicates he began working at Pathfinder Wealth Advisors (as its owner) and Axxcess Wealth Management, both of Los Angeles, following his departure from Wells Fargo, having settled a 2015 complaint at Wells Fargo in which a customer alleges he failed to follow instructions.
If you invested with former Wedbush Securities and Wells Fargo broker Richard Blosser of Southern California or with any investment adviser or representative whose improper trading activity, including unsuitable recommendations of risky closed-end funds or other sales practice violations, has proven harmful to your investments or interests, please call an experienced FINRA arbitration attorney at The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.