Making decisions about your investments can feel complex, which is why many people turn to financial advisors for their knowledge. You rely on them to navigate the markets and recommend strategies suited to your specific needs. However, if you’ve worked with an advisor and your portfolio has taken an unexpected downturn, or if the advice you received feels questionable, it’s essential to investigate. We’re going to discuss Wells Fargo Clearing Services, LLC Broker Robert Rose. Recent reports and investor experiences have raised questions, and understanding these concerns is vital if you’ve had dealings with him or are considering his services.

Key Takeaways

Investigate Before You Invest: Always take the time to thoroughly check a financial advisor’s background, including any complaints or regulatory actions, so you can make informed decisions about who manages your money.
Match Services to Your Needs and Acknowledge Risks: Clearly understand the investment strategies and services an advisor like Robert Rose provides, ensure they align with your financial objectives, and always be aware of potential investment risks, especially when specific concerns have been raised.
Recognize Red Flags and Understand Your Recourse: Learn to spot signs of unsuitable advice or potential misconduct, and remember that if you have concerns about how your investments were handled, there are steps you can take to protect your interests and explore your options.

Get to Know Robert Rose

If you’re thinking about working with a financial advisor, taking the time to thoroughly research their background is a really important step. It helps you make informed decisions about who to trust with your financial future. Let’s look into Robert Rose, a financial advisor whose name has come up in relation to investor concerns.

Explore His Professional Background and Experience

Robert Rose is a financial advisor based in Tampa, Florida, and he currently works for Wells Fargo. It’s crucial for anyone considering his services to know that he is currently facing a significant lawsuit. An investor has made a claim stating that Mr. Rose provided unsuitable investment advice, which allegedly led to a substantial loss of around $1 million. While this is a very serious allegation, public records also show a previous complaint against him from 2013, though that particular one was dismissed. Mr. Rose has been working in the financial industry for 27 years and holds various professional licenses. Understanding this history, including any complaints or disciplinary actions, is a fundamental part of evaluating any financial professional.

Understand His Qualifications and Certifications

When you’re vetting a financial advisor, their qualifications and certifications are definitely part of the overall picture. For Robert Rose, his credentials include passing several financial industry exams. One specific qualification is the Series 66, also known as the Uniform Combined State Law Examination, which he completed in 1999. This exam covers topics such as investment advisory practices, ethical responsibilities, and state securities regulations. While certifications like these demonstrate a certain level of knowledge, they are just one piece of information. It’s always wise to consider them alongside an advisor’s complete professional history, client feedback, and any regulatory disclosures.

What is His Role at Wells Fargo Clearing Services, LLC?

Robert Rose has been registered with Wells Fargo Clearing Services, LLC, located in Tampa, Florida, since 2009. You’ll often see his association listed under the name Wells Fargo Advisors. It’s useful to understand that “Wells Fargo Advisors” is the trade name used by Wells Fargo Clearing Services, LLC. This entity functions as a registered broker-dealer and is also a non-bank affiliate of the larger Wells Fargo & Company. Knowing this structure can help clarify the relationships and responsibilities involved, especially if you need to understand the framework within which your advisor operates or if issues arise.

Discover the Services Robert Rose Offers

When you’re looking for a financial advisor, understanding exactly what they bring to the table is key. It’s all about making sure their services and style are a good fit for your financial goals. Robert Rose, an advisor at Wells Fargo Advisors, offers a range of financial guidance. Let’s walk through the main services he provides so you can get a clearer picture.

Learn About His Investment Management Approach

As a financial advisor at Wells Fargo Advisors in Tampa, Robert Rose is there to help people manage their money and investments. This usually means he’ll work with you to understand your financial goals, how comfortable you are with risk, and your timeline for investing. Based on that, he would suggest and look after specific investment strategies. It’s a smart move to ask him directly about how he chooses investments, keeps an eye on how they’re doing, and adjusts to any big market shifts or changes in your own life. Getting clarity on his investment philosophy from the start helps make sure you’re both on the same wavelength.

Uncover His Financial Planning Services

Wells Fargo Advisors, where Robert Rose works, provides services that go beyond just day-to-day investment management, offering broader financial planning. This means advisors like him can give you information on a variety of investment options such as bonds, mutual funds, and stocks, and help see how they fit into your overall financial plan. When you’re talking with any advisor, it’s useful to ask about the full scope of their financial planning. Do they help with things like creating a budget, planning for major life events, or offering advice on saving for education or thinking about your estate? A complete approach often gives you the best support for your financial journey.

Review His Brokerage Service Details

Robert Rose has been registered with Wells Fargo Clearing Services, LLC in Tampa, Florida, since 2009. Part of doing your homework on any broker involves looking into their professional background, including any disclosures. Publicly available records, such as those on FINRA’s BrokerCheck, show that Mr. Rose has been the subject of two customer complaints between 2013 and 2024, with one of these being denied. Taking the time to review these kinds of details gives you a fuller picture of an advisor’s history and is a really important step if you’re concerned about potential broker misconduct.

Explore Retirement Planning Options with Him

Planning for retirement is a really big piece of what financial advisors do. According to his Wells Fargo Advisors profile, Robert Rose focuses on his ability to tailor investment strategies to what each client specifically needs, which is so important when you’re mapping out your retirement. This usually involves looking at what kind of income you hope to have in retirement, where you stand financially right now, and what your future expenses might look like, all to build a solid long-term plan. It’s a good idea to discuss his specific approach to dividing assets for retirement, how he handles withdrawal strategies, and his plans for making sure your money lasts.

Investor Alert: Key Concerns and Experiences with Robert Rose

When you’re trusting a financial advisor with your future, it’s so important to have all the facts. Recent information about Robert Rose, who is currently with Wells Fargo Clearing Services, LLC, has raised some red flags that anyone considering his services, or currently working with him, should carefully review. Understanding these concerns can help you protect your investments and make informed choices.

Examine Notable Complaints and Lawsuits

It’s always concerning when you learn about formal complaints or lawsuits involving a financial advisor. In Robert Rose’s case, he is reportedly facing a significant lawsuit from an investor. This investor claims that Rose provided unsuitable investment advice, which unfortunately resulted in a loss of approximately $1 million. Allegations of this nature are serious and highlight the potential consequences of advice that isn’t aligned with an investor’s best interests. Hearing about such an experience can be a critical piece of information if you’re evaluating an advisor or if you’ve had similar concerns about the advice you’ve received.

What FINRA Reports Reveal About His Conduct

The Financial Industry Regulatory Authority (FINRA) is an organization that oversees brokerage firms and their brokers in the U.S. One of its key functions is to provide transparency for investors through its BrokerCheck tool. According to FINRA’s publicly available records, Robert Rose has at least one “disclosable event” noted on his profile. These events can range from customer complaints to regulatory actions. While a single disclosure doesn’t tell the whole story, it does signal that there’s information you should examine further on BrokerCheck to understand the specifics of his conduct and history.

Identify Signs of Unsuitable Investment Recommendations

A key responsibility for any financial advisor is to recommend investments that are suitable for their clients. This means the investments should match your financial goals, risk tolerance, and overall financial situation. Worryingly, a customer complaint documented by FINRA alleges that Robert Rose recommended unsuitable investments, specifically mentioning debt securities. If an advisor suggests investments that seem overly risky for your circumstances, don’t align with your stated objectives, or that you don’t fully understand, these could be signs of unsuitable recommendations. It’s helpful to learn how to recognize these investment issues to safeguard your portfolio.

Understand Potential Regulation Best Interest Violations

Financial advisors are generally required to act in your best interest when they recommend investments. This principle is formalized in Regulation Best Interest (Reg BI), a rule established by the Securities and Exchange Commission. Reg BI mandates that brokers must not place their own interests, such as earning a higher commission, ahead of their client’s interests. The allegations against Robert Rose, particularly those concerning unsuitable investment advice, naturally lead to questions about whether his actions were fully compliant with this important regulation. Any advice that seems to benefit the advisor more than the client could indicate a potential Reg BI violation.

Is Robert Rose the Right Advisor for You? Evaluate His Services

Choosing a financial advisor is a significant decision. It’s about entrusting someone with your hard-earned money and financial future. If you’re considering Robert Rose, or any advisor, it’s smart to do your homework. Let’s walk through some key areas to help you decide if his services are a good fit for your needs and to understand any potential concerns.

Assess if His Services Align with Your Financial Needs

Robert Rose II, working from Wells Fargo Advisors in Tampa, Florida, provides a range of financial services. He can help you with managing your money and investments, offering advice on various products like bonds, mutual funds, and stocks. Before deciding to work with any financial advisor, it’s a good idea to clearly define your own financial objectives. Are you looking for long-term growth, income generation, or perhaps capital preservation? Understanding what you want to achieve with your money is the first step. Then, you can see if the services Mr. Rose offers, such as his guidance on specific investment issues, match up with your personal financial plan and comfort level with different types of investments. Taking the time to align these aspects can make a big difference in your financial journey.

Recognize the Potential Risks Before You Proceed

It’s so important to remember that all investments come with some level of risk, and you could lose some or even all of the money you invest. Wells Fargo Advisors itself makes it clear that its investment and insurance products are not insured by the government (like FDIC insurance for bank deposits) and are subject to these investment risks. This means there’s no guarantee your investments will perform as expected, and it’s a fundamental point to keep in mind. Adding to this general caution, Robert Rose is currently facing a serious lawsuit. An investor has claimed that Mr. Rose provided unsuitable investment advice, which reportedly led to a substantial loss of around $1 million. Understanding these potential downsides and specific broker fraud and negligence concerns is vital before you commit your funds to any advisory relationship.

Compare His Offerings with Other Financial Advisors

When you’re considering a financial advisor, it’s wise to look at a few different options to find the best fit for you. Robert Rose has been in the securities industry since 1997 and joined Wells Fargo Clearing Services in 2009, giving him considerable time in the field. However, experience alone doesn’t guarantee positive outcomes, as past performance or client experiences can vary significantly from one advisor to another. Think about what’s most important to you in an advisory relationship – is it a specific type of investment expertise, a certain communication style, or the fee structure? If you’ve previously worked with Mr. Rose, or any advisor, and experienced losses you believe were due to questionable advice or actions, some law firms suggest you can contact us for a consultation. They can help you understand your situation and discuss potential legal avenues, such as securities arbitration, to recover losses.

Connect with Robert Rose

If you’re thinking about working with Robert Rose or need to discuss investments he currently manages for you, having the correct contact information and knowing how to prepare for any interaction is really important. Reaching out to a financial advisor is a big step, whether it’s for an initial chat about your financial future or to bring up concerns about your existing portfolio. Below, you’ll find the details you need to get in touch with Robert Rose and some helpful points to consider before you do. Being well-prepared for these conversations can help you make clear-headed decisions and ensure your financial interests are looked after. If, after any discussion, you feel your investments weren’t handled properly or you have worries about potential broker fraud and negligence, it’s good to remember that there are resources available to help you understand your rights and options.

Find His Phone and Email Contact Information

To speak with Robert Rose directly, you can call him at 813-281-4890 or use the toll-free number 800-733-3827. If you prefer to send an email, his address is robert.rose@wellsfargo.com. Keeping these details handy makes it simpler to initiate contact, whether you’re looking to schedule a meeting, ask some initial questions about the services he provides, or discuss your financial goals. Open communication is so important in any financial advisory relationship, so don’t hesitate to reach out with your questions.

Locate His Office

Robert Rose’s office is located at 1500 South Dale Mabry, Tampa, FL 33629. For those in or near Tampa, or if you simply prefer meeting face-to-face, this address will be useful for arranging an in-person consultation. Knowing the physical location can also be practical if you need to send any documents or formal letters. Meeting in person can often give you a better feel for an advisor’s approach and allows for a more thorough discussion about your financial situation and what you hope to achieve.

Prepare for an Initial Consultation

Before you sit down with Robert Rose, or any financial advisor for that matter, it’s a smart move to gather your financial documents and have a clear idea of what you’re looking for. Wells Fargo Advisors itself notes that all investments come with risk, and you should be prepared for the possibility of losing some or even all of your money. It’s also stated that their investment and insurance products are not insured by the government and are subject to these investment risks. Understanding this from the get-go is vital. If you’re going into a consultation because you’re concerned about past investment issues or feel your money wasn’t managed appropriately, being ready with specific examples and any supporting paperwork will be particularly helpful.

Frequently Asked Questions

What’s the main takeaway regarding Robert Rose that I should be aware of? The most significant point to understand is that Robert Rose is reportedly involved in a lawsuit where an investor claims he provided unsuitable investment advice, leading to a substantial financial loss. While this is an allegation, it’s a serious concern that highlights the importance of carefully vetting any financial professional.

How can I find out if my financial advisor, or one I’m considering, has a history of complaints? A great resource for this is FINRA’s BrokerCheck tool. It’s a free, publicly available database where you can look up the professional history of financial brokers and firms. It will show you their employment history, licenses, and any reported customer complaints or disciplinary actions.

You mentioned “unsuitable investment recommendations.” What does that mean in plain English? Essentially, an unsuitable investment recommendation is advice that doesn’t fit your specific financial situation, your goals, or your comfort level with risk. Advisors have a responsibility to suggest investments that are appropriate for you, and if they don’t, it can lead to problems.

What should I do if I’m worried that my financial advisor has given me bad advice or mismanaged my money? If you have concerns, it’s a good idea to gather all your account statements, communication records, and any documents related to the investments in question. Clearly outlining your concerns and having your information organized can be very helpful. You might then consider discussing your situation with a legal professional who specializes in investment matters to understand your options.

Why is it important to know that Robert Rose is associated with Wells Fargo Clearing Services, LLC? Understanding the firm an advisor is registered with, like Wells Fargo Clearing Services in this case (which uses the trade name Wells Fargo Advisors), helps you see the larger structure they operate within. This can be important for knowing who holds ultimate responsibility and how regulatory oversight works, especially if you need to address any issues.

Wells Fargo Broker Robert Rose: Investor Alert