Last Updated: March 2026 — Fort Lauderdale, FL
Here’s what you need to know about Fort Lauderdale, FL stockbroker Mario L. Martinez:
- Name: Mario L. Martinez
- CRD Number: 6144561
- Current Registration Status: Barred from acting as a broker by FINRA
- Most Recent Firm: Merrill Lynch, Pierce, Fenner & Smith Incorporated (2015–2025)
- Prior Firms: AXA Advisors, LLC (2013–2014)
- Stockbroker / Financial Advisor: Former Financial Solutions Advisor — Series 7, Series 63, Series 65, Series 9, Series 10, SIE
- Can Broker be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: Yes
- Discharged by a Prior Employer: Yes
- Highest Award or Settlement: $331,242
If you’ve sustained damages from Mr. Martinez, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Mario L. Martinez As Your Stockbroker?
$331,242 Settlement – Alleged Misappropriation and Client Loan (2025)
A customer alleged that Mr. Martinez accepted a loan and misappropriated client funds. The case was settled for $331,242.55 in 1/2025.
Allegations involving borrowing from customers or misuse of client funds are considered serious violations of brokerage industry rules.
FINRA Bar
In May 2025, FINRA permanently barred Mr. Martinez from association with any FINRA-member firm after he failed to provide documents and information requested during an investigation relating to a loan from a customer.
Employment Separation
Mr. Martinez resigned from Merrill Lynch in January 2025 while the firm was reviewing allegations that he misappropriated client funds and accepted a loan from a client without firm approval.
Allegations of Broker Misconduct Against Mario L. Martinez
- Misappropriation of Client Funds — Using client funds for personal purposes may constitute fraud and violates FINRA Rule 2150 and Rule 2010.
- Borrowing From Customers — Accepting loans from clients without firm authorization may violate FINRA Rule 3240 and firm supervisory policies.
- Failure to Cooperate With FINRA
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Mario L. Martinez, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
- See this for our prior investigations of Merrill Lynch brokers.
- Firms We Have Pursued On Behalf of Our Clients
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.