Mark Rubin: $550K Complaint Against Raymond James Advisor

San Rafael, California financial advisor Mark Rubin (CRD# 1936202) allegedly recommended an unsuitable investment, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Raymond James & Associates.

Mr. Rubin’s BrokerCheck report discloses several investor complaints. The most recent, filed in March 2026, alleges that as a representative of Raymond James & Associates, he recommended an unsuitable promissory note. The pending complaint alleges damages of $550,000.

A second investor complaint, filed in 2024, alleged that as a representative of Raymond James & Associates, he made unauthorized transactions and failed to follow instructions. The complaint reached a settlement of $30,750.

A third investor complaint, filed in 2005, alleged that as a Citigroup Global Markets representative, he liquidated an annuity without the customer’s knowledge. The complaint alleged unspecified damages and was denied by the firm.

A fourth investor complaint, filed in 2002, alleged that as a representative of Salomon Smith Barney, he failed to conduct adequate due diligence. The complaint alleged unspecified damages and was denied by the firm.

According to the Financial Industry Regulatory Authority, Mark Rubin holds 35 years of securities industry experience. Based in San Rafael, California, he has been registered as a broker and an investment advisor with Raymond James & Associates since 2016. His past registrations include Morgan Stanley, Citigroup Global Markets, Lehman Brothers, and Ampal Securities Corporation. His credentials include the passage of four 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; and the General Securities Representative Examination, or Series 7. He holds 25 state licenses. (Information current as of April 16, 2026.)

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