Our firm is investigating Edward Jones financial advisor Samvel Shakhramanov (CRD# 6926343) of Federal Way, Washington for potential investment-related misconduct.
Financial Advisor’s Career History
Based on the BrokerCheck report, Samvel Shakhramanov has been registered with Edward Jones since May/June 2018 and works out of the firm’s Federal Way, Washington branch office. He reports working as a Financial Advisor from April 2018 to the present.
Before entering the securities industry, he reported being unemployed while researching the investment industry from December 2017 to April 2018, and previously worked as a store manager at Lowe’s Home Centers from May 2010 to November 2017. He has passed the Series 7, SIE, and Series 66 examinations.
Samvel Shakhramanov Fraud Allegations and Investor Complaints Explained
Customer dispute alleging trades placed without consent (Settled)
FINRA BrokerCheck reflects one customer dispute reported as settled, in which a client alleged she did not give consent for trades placed in her account when funds arrived and was unaware trading would occur once the funds came into the account.
Key reported details include:
- Employing firm at time of alleged conduct: Edward D. Jones & Co., L.P.
- Date complaint received: 01/26/2022
- Product type: “Other: Self Directed Fee Based”
- Alleged damages: $0.00 (with the firm noting it could not determine in good faith that damages, if proven, would be less than $5,000)
- Status/Disposition: Settled
- Status date: 02/20/2022
- Settlement amount: $7,316.08
- Individual contribution: $0.00
- Reported explanation: The firm stated it made a settlement offer as a business decision and service gesture.
Disclosures (for quick reference):
- Customer Dispute (Settled) — Allegations of trading without client consent; settlement paid: $7,316.08; individual contribution: $0.00 (Complaint received 01/26/2022; Status date 02/20/2022).
To obtain a copy of Samvel Shakhramanov’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 3260 (Discretionary Accounts) is relevant in unauthorized-trading complaints because it generally restricts a broker from exercising discretion in a customer’s account unless the customer has provided proper written authorization and the member firm has accepted the account as discretionary. When a customer alleges trades were placed without consent—especially right after funds arrived—one key question is whether the account was treated like a discretionary account without the paperwork and approvals required under Rule 3260.
FINRA Rule 3110 (Supervision) matters in cases involving alleged unauthorized trades because brokerage firms must establish and maintain supervisory systems designed to achieve compliance with applicable securities laws and FINRA rules. If transactions were entered without clear client authorization, an investigation often examines whether the firm’s supervisory controls—such as exception reports, trade reviews, and account activity monitoring—were reasonably designed and properly implemented to identify and address red flags.
FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) is often cited in disputes involving alleged unauthorized trading because it requires brokers to observe high standards of commercial honor and just and equitable principles of trade. Placing trades without a client’s informed consent can implicate Rule 2010 because the allegation is that the advisor’s conduct departed from basic fairness and the professional duties owed to customers, regardless of whether the firm later resolves the dispute by settlement.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis. Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.