Raymond James & Associates, Inc. Broker Brian Visconti Accused of Overconcentration

Raymond James & Associates Inc.

Erez Law is currently investigating former Raymond James & Associates, Inc. broker Brian Visconti (CRD# 5851551) regarding overconcentration of investments. He has been registered with The Jeffrey Matthews Financial Group, L.L.C. in Tampa, Florida since March 2022. Previously, he was registered with Raymond James & Associates, Inc. in Tampa, Florida from 2020 to 2022, when he was terminated regarding, “Individual failed to follow firm policies and procedures and made inconsistent statements to management regarding outside securities account.”

Brian Visconti Customer Complaints

He has been the subject of one customer complaint in 2022, according to his CRD report:

April 2022. “FA improperly recommended investing in only a handful of technology sector equities.” The customer is seeking $200,000 in damages and the case is currently pending. The complaint was regarding sector concentration.

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Raymond James & Associates, Inc. may be liable for investment or other losses suffered by Brian Visconti’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.