Jordan Grangard: RBC, Ex-UBS Advisor Faces Improper Trading Complaint

Las Vegas financial advisor Jordan Grangard (CRD# 6097246) allegedly failed to follow client instructions, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with RBC Capital Markets, whose website shows that he is Managing Director of the Grangard Private Wealth group.

Mr. Grangard’s BrokerCheck report discloses one investor complaint. Filed in Las Vegas, Nevada April 2026, it alleges that as a representative of UBS Financial Services, he executed trades “contrary to the explicit written instructions set forth in [the client’s] written 10b5-1 plan.” The pending complaint, which concerns investments in closed-end funds and stock products, alleges unspecified damages of at least $5,000.

FINRA Rule 2010 stipulates that FINRA-registered brokers must “observe high standards of commercial honor and just and equitable principles of trade.” Various forms of unethical conduct, including the failure to follow a client’s directions, may be violations of FINRA Rule 2010, so long as the failures occur “in the conduct of [the member’s] business.” Financial advisors who fail to uphold this rule may be liable in the event of damages.

FINRA Rule 3260 specifies the conditions in which brokers like Mr. Barr may engage in effect securities transactions without prior consultation with their customer. As the regulator explains in its investor resources, this is also known as discretionary trading, and it “generally means the broker can decide at any time how much of a stock, bond or other security to buy or sell, and at what price, without customer input.” Rule 3260 states that brokers may not use discretionary authority without the customer’s prior written authorization, as well as their firm’s approval of the customer’s account for discretionary trading. Representatives who execute unauthorized trades may be liable for damages.

According to the Financial Industry Regulatory Authority, Jordan Grangard holds 11 years of securities industry experience. Based in Las Vegas, Nevada, he has been registered as a broker and an investment advisor with RBC Capital Markets since March 2025. His past registrations include UBS Financial Services, where he was registered from 2015 until 2025. His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – Options Module Examination, or Series 9; and the General Securities Representative Examination, or Series 7. He holds 43 state licenses. (Information current as of May 18, 2026.)

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