Roger Nelson: Wells Fargo Advisors Faces CD Complaint

Santa Monica, California financial advisor Roger Nelson (CRD# 5527516) recently received an investor complaint alleging that his conduct resulted in losses. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Wells Fargo Clearing Services and Wells Fargo Advisors, respectively.

Mr. Nelson’s BrokerCheck report discloses one investor complaint. Filed in March 2025, it alleges that as a representative of Wells Fargo Advisors, he did not explain that an investment in a market-linked certificate of deposit “could fluctuate in value prior to [its] maturity date.” The pending complaint alleges unspecified damages.

Edward Jones’ website includes a profile of Mr. Nelson in which he describes his approach to working with clients. “I can deliver a full range of investment planning strategies tailored to your unique needs,” he explains. “Whether you are investing for retirement, education expenses or some other goal, I will help you make informed decisions about your investment strategy. You have access to additional resources available through affiliates, including trust and estate services, insurance products, and much more.”

According to the Financial Industry Regulatory Authority, Roger Nelson holds 15 years of securities industry experience. Based in Santa Monica, California, he has been registered as a broker and an investment advisor with Wells Fargo since 2016 and 2020, respectively. His past registrations include JP Morgan (Beverly Hills, California; 2012-2016) and Chase Investment Services (Studio City, California; 2010-2012 and Lake Charles, Louisiana; 2008-2009). His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Arizona, California, Colorado, Florida, Idaho, Illinois, Minnesota, New York, Tennessee, Texas, and Wyoming. (Information current as of April 21, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.