A former financial advisor at one of Australia's main banks has been charged with forging client documents.

A former representative of Commonwealth Bank’s financial planning subsidiary has been charged with alleged forgery of 31 documents, according to the Australian financial regulator.

The Australian Securities and Investments Commission has charged Ricky David Gillespie, from the Gold Coast area of Australia, following an investigation. He formerly worked at Commonwealth Financial Planning.

ASIC alleges that between 1 January 2007 and 13 June 2009, Gillespie, while a senior financial planner based at the Broadbeach Commonwealth Bank branch on the Gold Coast, forged the signatures of a number of the bank's clients to whom he was providing financial advice.

The documents allegedly included applications for financial products and a series of internal CFPL documents. These forgeries were designed to meet requirements of the bank’s internal audit process. The case was adjourned until 4 July.