Todd Roggen: Ex-Raymond James Advisor Faces Suitability Complaint

Houston, Texas financial advisor Todd Roggen (CRD# 721463) recently received an investor complaint alleging that he recommended unsuitable private placements. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Raymond James broker is currently registered as an investment advisor with OneSeven.

Mr. Roggen’s BrokerCheck report discloses several investor complaints. The most recent, filed in May 2025, alleges that as a representative of Raymond James Financial Services, he recommended unsuitable private placement investments and improperly enticed the customer to make them. The pending complaint alleges unspecified damages.

An earlier investor complaint, filed in 2009, alleged that as a representative of UBS Financial Services, he made misrepresentations and unsuitable investment recommendations. In 2010 the complaint reached a settlement of $90,000.

A third investor complaint, filed in 2010, similarly alleged that as a UBS Financial Services representative, he misrepresented and recommended unsuitable investments in Lehman preferred stock. The complaint reached a settlement of $40,000.

A third investor complaint, filed in 2008, alleged that as a UBS representative, he made misrepresentations and unsuitable recommendations. In 2010 the complaint reached a settlement of $195,000.

OneSeven’s website includes a profile of Mr. Roggen that describes his experience and services. “His expertise spans across retirement planning, wealth management, and tax strategies, offering clients tailored financial solutions that align with their unique goals,” it explains. “His dedication to client success, coupled with his in-depth industry knowledge, positions him as a trusted advisor in navigating the complexities of today’s financial landscape.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Todd Roggen holds 44 years of securities industry experience. Based in Houston, Texas, he has been registered as an investment advisor with OneSeven since November 2024. His past registrations include Raymond James Financial Services, UBS Financial Services, First Union Securities, Prudential Securities, Cowen Securities, and Rotan Mosle. His credentials include the passage of seven securities industry qualifying exams: the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Foreign Currency Options Examination, or Series 15; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Texas. (Information current as of June 19, 2025.)

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