@vickie007,
There is nothing wrong with the structure, in terms of grammar, and it is not correct that "which" indicates a sentence--i'm not even sure what you mean by that. However, it's rather awkward in that which is usually not used to indicate persons. One would use the indefinite objective pronoun--whom. In which case, the sentence would read: "There is no father or mother figure with
whom to identify, to emulate, to provide a role model and guidance."
Finally, i think your solution is the best: "There is no father or mother figure to identify with, to emulate, to provide a role model and guidance." That eliminates the problem altogether.