Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 7, 2019 indicate that former Massachusetts-based Raymond James & Associates broker Robert Clayson was discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Clayson (CRD# 601753).
Robert Clayson has spent 47 years in the securities industry and was most recently registered with Raymond James & Associates in Wellesley Hills, Massachusetts (2014-2018). Previous registrations include Wells Fargo Advisors in Waltham, Massachusetts (2004-2014); Morgan Stanley DW in Purchase, New York (1999-2004); Bear Stearns & Company in New York, New York (1976-1999); Burgess & Leith (1974-1977); Hawthorne Securities Corporation (1975-1976); WE Hutton & Company (1973-1974); and GH Saxton & Company (1971-1973). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 20, 2018; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 10, 1979; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; PC (AMEX Put and Call Exam), which he obtained on December 8, 1982; Series 5 (Interest Rate Options Examination), which he obtained on October 19, 1981; and Series 1 (Registered Representative Examination), which he obtained on November 18, 1971. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint and was terminated from a former employer in connection to alleged rule violations.
In November 2018 he was terminated from his position at Raymond James & Associates in connection to allegations he executed excessive trades that negatively affected the account’s performance.
In November 2017 a customer alleged Robert Clayson, while employed at Raymond James & Associates, executed excessive trades in a commissioned brokerage account that had a negative impact on the account’s performance between June 2014 and February 2017. The complaint settled in January 2018 for more than $43,400.
If you or someone you know has lost money investing with Robert Clayson, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.