Justin Cappadona: Raymond James Denies $1mm Complaint Against Advisor

A recent, denied investor complaint against McAllen, Texas financial advisor Justin Cappadona (CRD# 2775857) alleged that his conduct resulted in seven-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Raymond James & Associates.

Mr. Cappadona’s BrokerCheck report discloses one investor complaint. Filed in April 2025, it alleged that as a representative of Raymond James & Associates, he failed to follow instructions to liquidate the customer’s account. The pending complaint alleged damages of $1 million and was denied by his member firm.

Raymond James & Associates’ website includes a page describing Mr. Cappadona’s branch’s approach to working with its clients. “We offer a team approach to financial planning, offering you a broader scope of expertise than you will likely find in any one person,” it explains. “Clients are our main priority, which is why we work to understand your unique circumstances and ultimately create a distinctive plan that provides a road map for your financial journey.”

According to the Financial Industry Regulatory Authority, Justin Cappadona holds 28 years of securities industry experience. Based in McAllen, Texas, he has been registered as a broker and an investment advisor with Raymond James & Associates since 2016. His past registrations include Morgan Stanley, Morgan Stanley & Company, and Merrill Lynch. His credentials include the passage of five securities industry qualifying exams: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Alabama, Oklahoma, Texas, and Wisconsin. (Information current as of June 2, 2025.)

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