Raymond James Financial Services

There are Recent Customer Complaints with Broker Stephen Hollingsworth in Firm Raymond James Financial Services, INC.

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Hollingsworth (Hollingsworth), previously associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hollingsworth 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 $762,908.00 on October 18, 2022.

Former clients allege that FA purchased and sold securities without authorization, executed an inappropriately high volume of transactions, improperly recommended margin, purchased unsuitable investments in their accounts, and improperly communicated through Facebook messenger. Allegation Activity Dates: 11/7/10 – 9/2/21.

There are Recent Customer Complaints with Broker Mark Albright in Firm Raymond James Financial Services, INC.

September 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Albright (Albright), previously associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Albright 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 $100,000.00 on February 23, 2023.

Claimants allege from 2015 to present, respondent provided unsuitable investment recommendations and failed to provide full accounting for the Trusts.

Broker Steven Reznik in Raymond James Financial Services, INC. Firm Has Customer Complaint

September 18, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on February 24, 2023.

Former client alleges FA recommended unsuitable securities; improperly concentrated and failed to properly allocate and diversify the former client’s investment portfolio; improperly attempted to time the market with investments; and May have had a conflict of interest.

There are Recent Customer Complaints with Broker Shaun Jones in Firm Raymond James Financial Services, INC.

September 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shaun Jones (Jones), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Jones 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 $25,000.00 on March 07, 2023.

Claimant alleges that although her stated risk tolerance was conservative, her account was designated with a moderate risk tolerance and managed in a manner that was inconsistent with her conservative profile.

There are Recent Customer Complaints with Broker Brad Feldman in Firm Raymond James Financial Services, INC.

September 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brad Feldman (Feldman), currently associated with Raymond James Financial Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Feldman 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 $150,000.00 on March 03, 2023.

Claimants alleges that their registered representative recommended unsuitable investments,

Broker Ramesh Madhusudan in Raymond James Financial Services, INC. Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ramesh Madhusudan (Madhusudan), previously associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Madhusudan 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 $2,000,000.00 on May 11, 2023.

Claimant alleges (i) breach of fiduciary duty; (ii) negligence; (iii) breach of contract; (iv) fraud; and (v) violation of industry rules. From May 2021 to May 2022, claimant’s assets were invested in three types of securities intended to be held for the long-term: a goldman sachs high yield municipal bond mutual fund; equity linked notes with maturities ranging from 5-7 years; and long-term options (leaps). During the substantial market volatility in 2022, value of claimant’s investment portfolio decreased and claimant did not hold securities through to maturity. At claimant’s direction, the positions were liquidated at a substantial loss.

Broker King Cavalier in Raymond James Financial Services, INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker King Cavalier (Cavalier), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cavalier 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 $80,000.00 on June 14, 2023.

Former client alleges that she informed FA she intended to use a specified amount of funds from her investment account in the short term to buy a home but that FA improperly invested those funds in stocks and US Treasury bonds resulting in a loss.

There are Recent Customer Complaints with Broker Robert Anderson in Firm Raymond James Financial Services, INC.

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Anderson (Anderson), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Anderson 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 $956,794.23 on June 16, 2023.

Current trustee for former trust client alleges former trustee did not have authority to appoint successor trustee and FA and RJA should have known this; FA made unsuitable recommendations and poorly managed the trust’s investments; and the trust was charged excessive fees.

There are Recent Customer Complaints with Broker Edward Stephens in Firm Raymond James Financial Services, INC.

August 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Stephens (Stephens), previously associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Stephens 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 $350,000.00 on June 10, 2025.

Embezzlement, Conversion, Chapter 75 Unfair and Deceptive Trade Practices, Fraud, Violation of Fiduciary Duty, Punitive Damages, Breach of Contract

There are Recent Customer Complaints with Broker William Dendy in Firm Raymond James Financial Services, INC.

July 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Dendy (Dendy), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Dendy 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 $40,000.00 on May 02, 2025.

The client alleged advisor placed unauthorized trades. Allegation Activity Dates: 4/21/2025 – 4/22/2025.