Close Menu
Free Consultation: 888-976-6111

Charles Fagan: Raymond James Denied $303K Complaint

St. Louis financial advisor Charges Fagan (CRD# 5040887) was recently involved in an investor complaint alleging he violated industry standards. Records maintained by the Financial Industry Regulatory Authority show that he is currently registered as a broker and an investment advisor with Raymond James Financial Services.

Mr. Fagan’s BrokerCheck report discloses one investor complaint. Filed in April 2023, it alleges that as a representative of Raymond James Financial Services, he recommended unsuitable CMO investments between January 2023 and March 2023. (For reference, FINRA-registered representatives are required by FINRA’s suitability rule to recommend investments that are appropriate for a customer’s objectives and background, as determined by due diligence into the customer’s profile as well as the investment itself.) The complaint alleged damages of $303,289.50 and was denied by the firm.

According to the Financial Industry Regulatory Authority, Charles Fagan holds 17 years of securities industry experience. Based in St. Louis, Missouri, he has been a broker and an investment advisor with Raymond James Financial Services since 2011 and 2019, respectively. His past registrations include Wells Fargo Advisors (Frontenac, Missouri; 2008-2011) and AG Edwards & Sons (St. Louis, Missouri; 2006-2008). His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Alabama, Arizona, California, Colorado, the District of Columbia, Florida, Illinois, Kansas, Kentucky, Massachusetts, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Oregon, Tennessee, Texas, Virginia, Washington, and Wisconsin. (Information current as of May 14, 2023.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Carlson Law Files Claim Involving Sam Jacobs of Key Investment Group

    Carlson Law recently filed a case on behalf of an investor against LaSalle St. Securities involving the actions of Winter...

    Read More
  • Ariel Rivero: FINRA Sanctions Former Jeffries Advisor

    Coral Gables, Florida financial advisor Ariel Rivero (CRD# 4236679) was recently sanctioned and suspended in connection with alleged rule violations....

    Read More
  • Joshua Cox: $80K Complaint Against Everest Wealth Advisor

    Greenwood Village, Colorado financial advisor Joshua Cox (CRD# 6137037) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial...

    Read More
  • Paul Snow: NewEdge Advisor Resigned from Raymond James

    Former Covington, Louisiana broker Paul Snow (CRD# 2963153) recently resigned from Raymond James Financial Services in connection with alleged rule...

    Read More
  • Previous
  • Next