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Read MoreFrank Young: Raymond James Denies $135K Complaint
Hickory, North Carolina financial advisor Frank Young (CRD# 4417847) recently received an investor complaint alleging that his conduct resulted in six-figure losses. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Raymond James Financial Services, as well as the owner of Resource Partners.
Mr. Young’s BrokerCheck report discloses one investor complaint. Filed in October 2023, it alleged that as a representative of Raymond James Financial Services, he recommended an unsuitable municipal bond investment and misrepresented the product, specifically stating that the customer “would not lose money.” The complaint alleged damages of $135,000 and was denied by the firm.
A profile for Mr. Young on Raymond James’ website states that he joined the firm in 2001. “Frank has two primary segments of his practice which are Financial Advisor to individuals and Financial Advisor to businesses with 401(k) and retirement plans,” the profile describes. “Frank is also a member of Raymond James’ Retirement Plan & Institutional Advisory Council, which is a group of financial advisors who uphold the highest level of fiduciary care for serving retirement plans and retirement plan sponsors and have access to dedicated support through Raymond James Institutional Fiduciary Solutions.”
According to the Financial Industry Regulatory Authority, Frank Young holds 22 years of securities industry experience. Based in Hickory, North Carolina, he has been a broker and an investment advisor with Raymond James Financial Services since 2001 and 2019, respectively. 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 Combined State Law Examination, or Series 66. He is licensed in Florida, Georgia, Massachusetts, Nevada, New Hampshire, North Carolina, Oklahoma, South Carolina, and Virginia. (Information current as of November 18, 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.
