Raymond James & Associates

Broker Marc Rudofker in Raymond James & Associates, INC. Firm Has Customer Complaint

August 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Rudofker (Rudofker), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rudofker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $33,252.96 on July 02, 2025.

The client alleged they were not receiving financial advice or service despite paying management fees.

Broker William Bredt in Raymond James & Associates, INC. Firm Has Customer Complaint

August 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Bredt (Bredt), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bredt recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $33,252.96 on July 02, 2025.

The client alleged they were not receiving financial advice or service despite paying management fees.

There are Recent Customer Complaints with Broker Michael Casey in Firm Raymond James & Associates, INC.

August 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Casey (Casey), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Casey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $33,252.96 on July 02, 2025.

The client alleged they were not receiving financial advice or service despite paying management fees.

There are Recent Customer Complaints with Broker Michael Magruder in Firm Raymond James & Associates, INC.

August 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Magruder (Magruder), previously associated with Raymond James & Associates, INC., has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Magruder recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on June 27, 2025.

Without admitting or denying the findings, Magruder consented to the sanction and to the entry of findings that he failed to provide information and documents requested by FINRA in connection with its investigation into whether he had obtained loans from customers without notice to, or approval from, his member firms. The findings stated that FINRA requested documents and information material to its investigation, such as financial account statements. Initially, Magruder submitted an incomplete response that did not substantially comply with FINRA’s request. Ultimately, Magruder failed to produce the complete information or documents requested.

There are Recent Customer Complaints with Broker Michael Magruder in Firm Raymond James & Associates, INC.

July 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Magruder (Magruder), previously associated with Raymond James & Associates, INC., has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Magruder recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on June 27, 2025.

Without admitting or denying the findings, Magruder consented to the sanction and to the entry of findings that he failed to provide information and documents requested by FINRA in connection with its investigation into whether he had obtained loans from customers without notice to, or approval from, his member firms. The findings stated that FINRA requested documents and information material to its investigation, such as financial account statements. Initially, Magruder submitted an incomplete response that did not substantially comply with FINRA’s request. Ultimately, Magruder failed to produce the complete information or documents requested.

There are Recent Customer Complaints with Broker Kenneth Offenberg in Firm Raymond James & Associates, INC.

July 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Offenberg (Offenberg), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Offenberg recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $11,243.62 on May 16, 2025.

Client alleged advisor sold position without authorization. Allegation dates: 03/06/2023 – 05/16/2025

Broker Janet Franco Gordon in Raymond James & Associates, INC. Firm Has Customer Complaint

July 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Janet Franco Gordon (Franco Gordon), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Franco Gordon recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,475,256.00 on May 29, 2025.

Claimant alleges, inter alia, that the recommendation for the client to establish a line of credit at Morgan Stanley in order to generate funds for an outside investment they wanted to make was not in their best interests. Allegation Activity Dates: June 2023 to July 2023.

Broker Christopher Johnson in Raymond James & Associates, INC. Firm Has Customer Complaint

July 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Johnson (Johnson), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Johnson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on August 03, 2023.

Claimant alleges that beginning in 2015, her Financial Advisor made unsuitable investments and maintained multiple brokerage accounts in Claimant’s name to generate commissions.

There are Recent Customer Complaints with Broker Charles Fagan in Firm Raymond James & Associates, INC.

July 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Fagan (Fagan), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Fagan recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $750,000.00 on August 15, 2023.

Claimants allege FA concentrated them in unsuitable Ginnie Mae products with long maturity dates to generate higher commissions; misrepresented that the products were short-duration, safe, and that Claimants would receive their principal investment when they needed the funds; and failed to explain the products’ risks to Claimants.

There are Recent Customer Complaints with Broker Andrew Kubicsko in Firm Raymond James & Associates, INC.

July 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Kubicsko (Kubicsko), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kubicsko recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $400,000.00 on September 20, 2023.

Claimant alleges FA (i) recommended an investment in the Thornburg Limited Term Municipal Fund which was unsuitable and not in Claimant’s best interest and (ii) failed to disclose annual fees paid by the fund manager to RJA.