Dean Paugh: $109K Complaint Against Raymond James Advisor

Birmingham, Alabama financial advisor Dean Paugh (CRD# 1068991) is involved in an investor complaint alleging that his conduct resulted in losses exceeding $100,000. Financial Industry Regulatory Authority records show that he is currently registered as a broker and an investment advisor with Raymond James & Associates.

Mr. Paugh’s BrokerCheck report discloses one investor complaint. Filed in April 2023, the complaint alleges that as a representative of Raymond James & Associates, he recommended unsuitable investments in asset-backed debt between January 2021 and April 2023. The pending complaint alleges damages of $109,542.01.

According to the Financial Industry Regulatory Authority, Dean Paugh holds 40 years of securities industry experience. Based in Birmingham, Alabama, he has been a broker and an investment advisor with Raymond James & Associates since 2013 and 2014, respectively. The firm’s website describes him as a Managing Director at the Birmingham branch, whose description states: “At the heart of every financial plan is a person, so that’s where our financial advisors put their focus. From personal finance and college tuition to retirement and legacy, they provide financial planning and investment advice driven by the things their clients have spent years investing in – their careers, their families, their futures.”

Mr. Paugh’s past registrations, per FINA, include Morgan Keegan & Company (Birmingham, Alabama; 1993-2013), Porter White & Yardley (Birmingham, Alabama; 1986-1993), and First Birmingham Securities Corporation (1982-1986). His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He currently holds 28 state licenses. (Information current as of May 30, 2023.)

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