Last updated: September 2025 — Fort Worth, TX
Here’s what you need to know about William “Jeff” Michero (Fort Worth, TX):
- Name: William J. Michero
- Alias: Jeff Michero, William Jeffrey Michero, William Michero
- Current Employer: FINRA permanently barred Jeff Michero on September 10, 2021
- Prior Firms: Cambridge Investment Research, Inc. (Fort Worth, TX) 02/2009–08/2021; Merrill Lynch, Pierce, Fenner & Smith Incorporated (Arlington, TX) 08/2008–02/2009; Banc of America Investment Services, Inc. (Dallas, TX) 08/2007–08/2008; 1st Global Capital Corp. (Dallas, TX) 08/2006–08/2007; UBS Financial Services Inc. (Fort Worth, TX) 02/2003–07/2006.
- Other Business Affiliations: Independent insurance agent; Board Member, Cancer Care Services (Fort Worth, TX) since 2016; Board Member, S.T.E.P.S With Horses (Cleburne, TX) since 2017; Trustee of the H.F. Trust FBO S.H.I. (Fort Worth, TX) since 04/2018.
- CRD number: 4617645.
- Stockbroker / Financial Advisor: Former registered representative and investment adviser representative (no current registrations).
- Can Broker be Sued in FINRA: Yes.
- Sanctioned by Securities Regulators: Yes
- Discloses Outstanding Lien: Yes
- Subject of Criminal Investigation: Yes
- Discharged by a Prior Employer: Yes
If you’ve sustained damages from Mr. Michero, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with William J. Michero?
FINRA’s disciplinary records show that on September 10, 2021 (Case No. 2021072162901), William J. Michero consented to a permanent bar after FINRA found that, from April 2018 through February 9, 2021, while associated with Cambridge Investment Research, Inc. and acting as trustee for a senior beneficiary’s accounts held at other institutions, he converted at least $263,286.40 from those trust accounts to his own account without authorization and used the funds for personal expenses.
In 5/2023 the Texas Department of Insurance- Fraud Unit after conducting a criminal investigation, submitted the matter to the district attorney for prosecution.
Michero discloses an outstanding IRS tax lien in the amount of $56,905 filed 04/28/2021 in Tarrant County, TX (Docket D221117911).
Cambridge Investment Research, Inc. discharged Michero on 08/12/2021 for “misappropriated trust funds through his outside activity as a trustee.”
Investigations involving Theft and Misappropriation of Customer Funds
Allegations of Broker Misconduct Against William J. Michero
- Fraud
- Conversion — converting funds and any transactions without proper authorization
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Cambridge Investment Research brokers
If you have suffered investment losses in an account handled by William J. Michero, 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.