Jefferies Financial Group Dismisses Miami Advisory Team Amid Alleged Misconduct

Posted on February 14th, 2025 at 4:26 PM
Jefferies Financial Group Dismisses Miami Advisory Team Amid Alleged Misconduct

From the desk of Jim Eccleston at Eccleston Law

Jefferies Financial Group recently terminated a team of Miami-based wealth advisors following allegations of improper money transfers and the use of unauthorized communication methods to conceal the activity. As reported by Financial Advisor News, the dismissals involved senior advisors Marcelo Poliak, Rodrigo Soto, Guillermo Guerra, and Pablo Gherardi, along with several other individuals, according to FINRA filings.

The filings detail accusations of “impermissible money-wire transfers” and “off-channel” communications, some of which reportedly were deleted. Additionally, Nicholas Coubrough, another team member, was dismissed for allegedly soliciting “improper payments” from colleagues in exchange for not exposing their use of inappropriate communication methods.

The incident highlights ongoing challenges faced by Wall Street firms in regulating employee communication, according to Financial Advisor News. Many financial institutions, including Jefferies, have paid substantial penalties for failing to prevent staff from using unauthorized platforms, such as WhatsApp or personal email, for work-related purposes. In 2022, Jefferies agreed to pay $50 million in fines to the Securities and Exchange Commission and an additional $30 million to the Commodity Futures Trading Commission for non-compliance with communication monitoring requirements.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next

I just wanted to say thanks again for preparing and executing my case in such a professional manner. It was a pleasure to watch two professionals take such pride in their work, as well as becoming personally in tune with your client (Me). I would personally recommend you and your firm to anyone.

John O.

LATEST NEWS AND ARTICLES

December 22, 2025
FINRA Overhauls Arbitration Rules to Rebalance Arbitrator Selection and Codify Forum Practices

The Financial Industry Regulatory Authority (FINRA) has approved significant amendments to its Codes of Arbitration Procedure designed to rebalance public arbitrator selection, increase transparency, and formalize several long-standing practices in the arbitration forum.

December 19, 2025
Industry Groups Press Senate at Advance Financial Exploitation Prevention Act

Several industry associations are urging the U.S. Senate to pass the Financial Exploitation Prevention Act, legislation that would allow mutual fund companies and their transfer agents to delay redemptions when they reasonably suspect elder financial abuse.

December 18, 2025
UBS Warns of Rising Default Risk in Private Credit

A UBS report signals that credit stress likely will intensify next year as borrowers confront inflation, elevated interest costs, and softening consumer conditions.