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Carol Abdo-Brownsberger Fired by Wells Fargo
Reasons for Wells Fargo’s Termination of Carol Abdo-Brownsberger
Carol Abdo-Brownsberger of Wells Fargo in Daytona Beach, Florida was fired by Wells Fargo in November 2023, regarding allegations that she “failed to obtain approval prior to opening and directing investments in an outside account and receiving a portion of a deceased clients assets”. That also led to FINRA initiating its own investigation into these allegations. In September 2025, Abdo-Brownsberger was suspended from the securities industry for six months and ordered to pay a $5,000 fine. If you lost money, contact the securities and investment fraud law firm of Israels & Neuman at (720) 599-3505.
Background on Carol Abdo-Brownsberger
From 2008 to November 2023, Carol Abdo-Brownsberger was associated with Wells Fargo. She worked in a Daytona Beach, Florida branch. She also previously worked with A.G. Edwards and Dean Witter Reynolds.
Is Wells Fargo Liable for Investment Losses?
As a broker-dealer, Wells Fargo has an obligation to reasonably monitor the conduct of its advisors under FINRA rules. It could be liable if it failed to reasonably supervise her and her conduct.
Israels & Neuman Helps Investors in Florida
We represent investors throughout the United States, including Florida, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. If you believe your financial advisor acted improperly, you may be entitled to recover losses through FINRA arbitration.