The Edward Jones broker is permanently barred following allegations of accepting gifts from clients, along with using client credit cards
In August 2017, the Financial Industry Regulatory Authority (FINRA) indefinitely barred James Vincent Marino from acting as a broker or otherwise associating with firms that sell securities to the public.
Marino’s one and only employer for his three-year securities industry career, Edward Jones in Pompano Beach, FL, discharged the broker in October 2016 alleging, “Without prior notice to or approval from the Firm, Mr. Marino accepted gifts totaling approximately $20,500 from a Firm client. In addition, he was authorized to use the same client’s credit card and used that card for his benefit in the amount of approximately $6,700.”
Immediately following Marino’s discharge from Edward Jones in October, a customer dispute was registered to his FINRA BrokerCheck report which states, “Client’s attorney alleges the financial advisor stole money from the client from the period of November 2013 through April 2016.” In this dispute, the damage amount requested exceeds $700,000.
As a result of the above-referenced allegations, Marino consented to FINRA disciplinary actions against him that ultimately resulted in his being barred from the securities industry. The full details of his career can be found in FINRA’s BrokerCheck report.
Have you entrusted your finances with James Vincent Marino – or another financial advisor or broker like him – that resulted in financial loss for you or your loved ones? If so, contact the Silver Law Group. We have extensive experience in helping investors pursue remedies for harm suffered as a result of unethical behavior, including through FINRA securities arbitration.
We represent individual and institutional investors across the United States who have lost money at the hands of unscrupulous trusted financial advisors. The Silver Law Group works on contingency, which means there is no fee unless you recover losses. Contact us today to discuss your options.