Raymond James & Associates

Broker Benjamin Bayly in Raymond James & Associates, INC. Firm Has Customer Complaint

May 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 19, 2024.

Customer alleged that advisory fees charged in the accounts were not justified during periods when there were no transactions in the accounts. (1/1/2020-12/31/2022)

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

May 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 19, 2024.

Customer alleged that advisory fees charged in the accounts were not justified during periods when there were no transactions in the accounts. (1/1/2020-12/31/2022)

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

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Funk (Funk), previously associated with Raymond James & Associates, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Funk 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 $500,000.00 on May 15, 2024.

The situation involves a breach of trust in a currency trading program that promised to use trailing stop losses on all trades, as stated in their documentation and marketing materials. However, the trading algorithm was overridden, and the stop loss on one stock was moved, allowing losses to accumulate. When the trade was eventually closed, it resulted in a significant financial loss.

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

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Pasquale Evangelista (Evangelista), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Evangelista 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 $277,686.00 on June 24, 2024.

Claimant alleges FA had a conflict of interest from also servicing claimant’s sibling’s account and the account of Claimant’s mother’s trust and that FA pressured her to sell securities in her account to pay down a line of credit even though her account was not the primary pledged account for the line. Claimant also alleges that following transfer of the funds to pay down the line, her account was frozen, and securities were liquidated because the account balance fell below the loan-ratio requirements. Allegation Activity Dates: 8/2018 – 8/2023.

Broker Mark Rubin in Raymond James & Associates, INC. Firm Has Customer Complaint

April 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 28, 2024.

Customer alleges FA sold certain stock that customer instructed FA not to sell and that FA then bought some back without consulting customer. Allegation Activity Dates: 2/8/24 – 6/28/24.

Broker Valery Oswald in Raymond James & Associates, INC. Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Valery Oswald (Oswald), previously associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Oswald 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 $1,883,594.00 on October 18, 2024.

A. Breach of Fiduciary Duty\, B. Negligence\, C. Actual Fraud\, D. Constructive Fraud \, E. Breach of Contract\, F. Violations of Oklahoma Uniform Securities Act of 2004\, G. Respondeat Superior

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

April 18, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 01, 2025.

The client alleged they were sold out of an investment to purchase an annuity and that the monthly income was misrepresented to them. Allegation Activity Dates: 1/13/2025 – 2/01/2025.

Broker Lorri Gillock Cordelli in Raymond James & Associates, INC. Firm Has Customer Complaint

April 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lorri Gillock Cordelli (Gillock Cordelli), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Gillock Cordelli 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 $485,000.00 on March 04, 2025.

Claimant alleges his mother was a client of FA and that FA and FA’s spouse were improper beneficiaries of Claimant’s mother’s trust.

There are Recent Customer Complaints with Broker Jared Kirby in Firm Raymond James & Associates, Inc.

April 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jared Kirby (Kirby), currently associated with Raymond James & Associates, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Kirby 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 $10,667.00 on August 19, 2024.

Claimant alleges purchase of Treasury Bills approved by Claimant became improper when Claimant’s third party bank failed to timely transfer money into Claimant’s Raymond James account to purchase the securities, thus leaving the securities to be purchased with margin.

Broker Lisa Esteves-dixon in Raymond James & Associates, Inc. Firm Has Customer Complaint

April 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lisa Esteves-dixon (Esteves-dixon), currently associated with Raymond James & Associates, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Esteves-dixon 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 $10,667.00 on August 19, 2024.

Claimant alleges purchase of Treasury Bills approved by Claimant became improper when Claimant’s third party bank failed to timely transfer money into Claimant’s Raymond James account to purchase the securities, thus leaving the securities to be purchased with margin.