Investor Arbitration Involving Alberto Valdes Seeks $500,000 in Damages

Alberto Valdes (CRD# 4378138), registered with Citigroup Global Markets in Miami, is the recipient of a pending customer complaint, according to Financial Industry Regulatory Authority (FINRA) records accessed on November 8, 2021. If you have lost money investing with Mr. Valdes or his firm and you want to discuss your case with us, please call 212-203-9300 to speak with an attorney now for free.

Raymond James Customer Alleges Valdes Sold Unsuitable Product

In September 2021 a customer alleged that Alberto Valdes, while employed at Raymond James Financial Services, recommended an unsuitable investment “in an offshore product whose issuer is no longer solvent and is under liquidation order.” The alleged misconduct took place between August 2016 and June 2021. The customer is seeking $500,000 in damages in the pending complaint.

Alberto Valdes Has a History of other Customer Complaints

In 2017 a customer alleged that while he was affiliated with Wells Fargo Advisors, Alberto Valdes failed to fully explain a variable annuity’s death benefit feature. The customer sought unspecified damages of at least $5,000 in the complaint, which was denied by the firm.

Valdes Is Currently Based in Miami, Florida

Alberto Valdes has spent 18 years in the securities industry. He has been registered with Citigroup Global Markets in Miami, Florida since 2018. His previous registrations include Raymond James Financial Services in Miami, Florida (2016-2018); Wells Fargo Advisors in Miami, Florida (2010-2016); Chase Investment Services Corp. in Miami, Florida (2009-2010); Investacorp in Coral Gables, Florida (2008-2009); Banc of America Investment Services in Miami, Florida (2006-2008); and Northwestern Mutual Investment Services in Coral Gables, Florida (2002-2006). He has passed five securities industry examinations: Series 66 (Combined State Law Examination), obtained on August 8, 2006; Series 63 (Uniform Securities Agent State Law Examination), obtained on November 21, 2002; SIE (Securities Industry Essentials Examination), obtained on October 1, 2018; Series 7 (General Securities Representative Examination), obtained on November 3, 2005; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), obtained on July 1, 2002. He is currently registered as a broker in Delaware, Florida, Georgia, Louisiana, and North Carolina. He is registered as an investment adviser in Florida.

Did You Lose Money Investing?

Print this Article