According to the Finra arbitration decision statement in June 2020: “Motherway testified that he has not been employed since July 2019, despite his best efforts to find employment both inside and outside the financial services industry. While he has nearly $20,000 in a personal account at UBS, he testified that UBS froze that account. As a result, Motherway argued, he has zero assets to his name, and no income, while he is responsible for over $1 million in liabilities, largely from credit card debt, the award, and various arbitration fees. Without any assets, Motherway testified, he is unable to obtain a secured loan.”
According to BrokerCheck, Motherway left Wells Fargo in 2015 amid allegations that he had misused private client information.
Attempts to reach Motherway at his listed online phone numbers in Georgia were unsuccessful.