Joe Gamez: Raymond James Advisor Barred over Alleged Misappropriation

Former San Antonio financial advisor Joe Gamez (CRD# 4292479) was recently sanctioned and barred in connection with the alleged misuse of customer funds. Financial Industry Regulatory Authority records show that he was most recently registered as a broker and an investment advisor with Raymond James.

A Letter of Acceptance, Waiver, and Consent (No. 2025086809101) describes FINRA’s disciplinary action against Mr. Gamez. Filed in October 2025, it alleges that he refused to cooperate with an investigation into whether he “used customer funds for personal reasons.” According to the Letter, FINRA sent him a request for documents and information in September 2025, and he indicated via counsel in October 2025 that he would not produce the requested materials. FINRA found that his refusal constituted a violation of FINRA Rule 8210 and 2010, consequently barring him from associating with any member in any capacity.

Mr. Gamez’s BrokerCheck report discloses one investor complaint. Filed in August 2025, it alleges that as a representative of Raymond James Financial Services, he misappropriated a customer’s funds. In October 2025 the complaint reached a settlement of $413,370.18.

A second disclosure on his BrokerCheck report concerns his firing by Raymond James. Filed in June 2025, it states that the firm terminated him in connection with allegations that he “used client funds for personal reasons.”

According to the Financial Industry Regulatory Authority, Joe Gamez holds 24 years of securities industry experience. Most recently based in San Antonio, Texas, he was registered as a broker and an investment advisor with Raymond James from 2017 to 2025. His past registrations include LPL Financial, Capital One Investment Services, Chase Investment Services, and USAA Investment Management Company. His credentials include the passage of six securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the General Securities Representative Examination, or Series 7; the Municipal Fund Securities Principal Examination, or Series 51; the General Securities Principal Examination, or Series 24. He has been barred from acting as a broker. (Information current as of October 23, 2025.)

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