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Broker Misconduct Investigation: Mark Wasikonik (MML Investors Services)

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Updated on: January 7, 2025

National investment loss lawyers KlaymanToskes is investigating broker Mark Wasikonik (CRD# 1199392) of MML Investors Services.

According to FINRA BrokerCheck, Mark Wasikonik of MML Investors Services was previously involved in a customer dispute filed on February 22, 2024, alleging investment mismanagement over a 15-20 year period resulting in zero return on a variable annuity investment. Although this dispute was denied, it is important to know that firms can deny disputes without an outside review. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes

Investors that suffered losses with broker Mark Wasikonik are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Mark Wasikonik Hit With Customer Complaint at MML Investors Services

Mark Wasikonik, a registered representative with MML Investors Services was reportedly involved in a  customer dispute filed on February 22, 2024. The customer alleged that the registered representative mismanaged his investments over the last 15-20 years, resulting in a zero return on his investment. The complaint specifically related to a variable annuity investment product. The complaint was denied by the firm, however, investors should know that firms can deny disputes without an outside review. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes

Investment Losses with Broker Mark Wasikonik?

Investment Losses with Broker Mark Wasikonik?

Contact KlaymanToskes

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Mark Wasikonik, or have concerns regarding your investment portfolio at MML Investors Services LLC, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.