Gary T. Guglielmo, a Morgan Stanley rep for 20 years, was fired by the firm Monday after being charged with aggravated stalking and obstructing justice/witness tampering, both felonies.
The Boca Raton, Florida, resident also was charged with contempt of court for violating an injunction that provided protection to his ex-girlfriend, who had accused him of domestic violence, a misdemeanor. He had been arrested last week on suspicion of stalking his ex-girlfriend.
Guglielmo, who began his securities career in 1997, was released on $15,000 bail and is scheduled to return to court on Sept. 29, according to court records.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
