Last Updated: June 2025 – San Francisco, CA
Here’s what you need to know about San Francisco, CA, stockbroker Mark Andrew D’Ercole:
- Name: Mark Andrew D’Ercole
- CRD Number: 820220
- Current Status: Not currently registered with any FINRA-member firm
- Prior Employers: Portsmouth Financial Services (purchased by Arete Wealth in May 2024); Greenbook Securities, Inc.; Robert Van Securities, Inc.
- Other Business Affiliations: DB3 Insurance Services, Oakland, CA
- Function: Stockbroker / Financial Advisor
- Primary Location: San Francisco, CA
- Alias: Mark A. Dercole, Mark Andrew Dercole, Mark Anthony Dercole
- Can Mark D’Ercole be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Pending Customer Dispute Seeks Damages of : $593,000
- Highest Reported Settlement: $301,343
If you’ve sustained damages from Mr. D’Ercole, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Mark D’Ercole As Your Stockbroker?
In a FINRA arbitration filed on June 28, 2024 (Case No. 24-01438), a customer alleged that Portsmouth Financial Services (now Arete Wealth) , where Mark D’Ercole was employed, failed to conduct reasonable due diligence and made unsuitable investment recommendations, misrepresentations, and false statements in connection with the sale of GWG L Bonds. The matter settled in October 2024 for $301,343.
Additionally, Mr. D’Ercole is the subject of an active civil lawsuit filed in Superior Court of California (Orange County) (Case No. 30-2018-01000807-CU-FR-CJC) where the plaintiff alleges that a “Section 79 Plan” and whole life insurance policy were unsuitable. The plaintiff is seeking $593,000 in damages plus future audit fines, attorney fees, and ongoing costs.
Allegations of Broker Misconduct Against Mark D’Ercole
Mark D’Ercole has been involved in multiple customer disputes with serious allegations, including:
- Unsuitable investment recommendations
- Failure to conduct due diligence
- Misrepresentation and false statements
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Arete Wealth Management Brokers
If you have suffered investment losses in an account handled by Mark Andrew D’Ercole, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.