Andrew Thomas Roberson (CRD #4143407) Has Customer Dispute and Termination Disclosures on FINRA BrokerCheck

Andrew Thomas Roberson (CRD #4143407) is a broker with disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 2, 2026. It reflects two customer disputes and one employment separation. If you invested with Andrew Roberson and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Andrew Roberson’s FINRA BrokerCheck report lists one employment separation disclosure. A summary is below:

On July 1, 2025, Park Avenue Securities LLC discharged Andrew Roberson. The firm reported he violated its policies by facilitating outside investments that were not approved by the firm.

Investor Disputes / Customer Complaints

Andrew Roberson’s FINRA BrokerCheck report lists two customer dispute disclosures. Summaries are below:

On January 7, 2026, a customer alleged Andrew Roberson recommended and facilitated an unapproved private “solar program” investment. The customer claimed the investment was unsuitable and involved misrepresentations and omissions. The customer sought $570,000 in alleged damages. BrokerCheck lists the product as an unapproved private securities transaction and says the matter is pending in FINRA arbitration (case 25-02549).

On February 28, 2025, a customer alleged Andrew Roberson encouraged a $300,000 investment in an unapproved solar tax credit program called H2. The customer said he lost $191,000. The customer sought $300,000 in alleged damages. BrokerCheck shows the firm closed the complaint without action on July 29, 2025.

Rule Summary #1: FINRA Rule 3270 (Outside Business Activities of Registered Persons)

FINRA Rule 3270 requires registered persons to give their firm prior written notice before engaging in outside business activities for compensation. Outside investments that are not reviewed by a firm can raise conflicts and supervision concerns.

Rule Summary #2: FINRA Rule 3280 (Private Securities Transactions of an Associated Person)

FINRA Rule 3280 restricts private securities transactions unless the associated person provides written notice to the firm and, in some cases, obtains written approval. Disputes over unapproved private investments often focus on disclosures and supervision.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on his FINRA BrokerCheck report, Andrew Roberson:

Is currently registered with Emerson Equity LLC.

Has passed the General Securities Representative Examination (Series 7) and the Uniform Combined State Law Examination (Series 66).

Has reported the Certified Financial Planner professional designation.

Was previously registered with firms that include Park Avenue Securities LLC, Securian Financial Services, Inc., and Lincoln Financial Advisors Corporation.

Kurta Law Can Help

If you have worked with Andrew Roberson and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Selling Away | Private Placements

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.