Advisor Alert: Our Attorneys Are Investigating Matthew Kenneth Wilkes For Investment Fraud
Did You Lose Money Because of Matthew Wilkes?
Filed: February 21, 2024
Matthew Wilkes currently has two (2) pending customer complaints. Overall, he has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Matthew Kenneth Wilkes.
Who Is Matthew Kenneth Wilkes?
- Advisor Name: Matthew Kenneth Wilkes
- Aliases: Matthew Wilkes
- CRD: 5409004
- Location: Knoxville, Tennessee
- Current Employer: Currently Not Registered
- Previous Firms: Trustfirst, FSIC, and Raymond James Financial Services, Inc.
- Number of Known Customer Complaints: 3
- Can Matthew Wilkes Be Sued: Yes, in Private Arbitration
- Can Matthew Wilkes’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $4,171,885.12
- Highest Settlement: $25,378.11
If you have suffered investment losses by Matthew Wilkes, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Matthew Wilkes For Broker Misconduct
As of this publication date, Matthew Wilkes has been the subject of 3 customer disputes. Let’s review them below.
In January 2024, a FINRA arbitration was filed against or in reference to Matthew Wilkes by a customer of Raymond James Financial Services, Inc. alleging that in 2015, Mr. Wilkes recommended an unsuitable investment strategy in a premium-financed life insurance policy. As of this publication date, this claim remains pending.
In January 2024, a FINRA arbitration was filed against or in reference to Matthew Wilkes by multiple customers of Wells Fargo Clearing Services, LLC alleging that Mr. Wilkes recommended an unsuitable premium-financed life insurance policy and failed to properly explain its risks and then later made an unsuitable recommendation to change insurance provider. Per the customers, they lost over $4,171,885.12 because of Mr. Wilkes’s actions. As of this publication date, this claim remains pending.
In August 2015, a FINRA arbitration was filed against or in reference to Matthew Wilkes by a customer of Wells Fargo Advisors, LLC alleging that Mr. Wilkes did not properly represent the change in investment platform from Wealth (IFS) to Brokerage (Private Advisor Network) and how the change would impact the customer financially. On September 22, 2015, Mr. Wilkes settled the claim for $25,378.11, and some or all of this amount may have been paid by Mr. Wilkes’s employer and/or insurance carrier.
How To File A Claim Against Matthew Wilkes (previously with Trustfirst, FSIC, and Raymond James Financial Services, Inc.) To Get Your Money Back
If you have questions about Matthew Wilkes, Trustfirst, FSIC, Raymond James Financial Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.