Larry Brant Wilson Jr. (CRD #4749363) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Larry Brant Wilson Jr. is a broker with a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 12, 2026. It reflects one customer dispute. If you invested with Larry Brant Wilson Jr. and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Larry Wilson’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

According to Larry Wilson’s FINRA BrokerCheck disclosure, a customer filed a pending civil case in Cameron County, Texas, on December 30, 2025. The claim made generalized allegations of breach of fiduciary duty. FINRA BrokerCheck lists the product type as a mutual fund. The disclosure lists alleged damages of $0.00 and says no exact amount was stated. Larry Wilson’s FINRA BrokerCheck report shows Commonwealth Financial Network was the employing firm when the underlying activity occurred. The firm statement says the claimant is a serial complainant and that the allegations are meritless.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for each recommendation. It also requires a broker to match a recommendation to the customer’s investment profile. A dispute over a mutual fund recommendation can raise questions about whether the recommendation fit the customer’s needs and objectives.

Rule Summary #2: FINRA Rule 2090 (Know Your Customer)

FINRA Rule 2090 requires firms and brokers to use reasonable diligence to know the essential facts about each customer. That duty helps support suitable recommendations and proper account handling. When a customer claims the broker failed in a core obligation, this rule can become relevant.

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, Larry Wilson:

Is currently registered with Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.

Has passed the Securities Industry Essentials (SIE) exam. Larry Wilson has passed Series 7 and Series 6. He has also passed Series 65 and Series 63.

Was previously registered with firms that include Commonwealth Financial Network, Sagepoint Financial, Inc., and Sunamerica Securities, Inc.

Kurta Law Can Help

If you have worked with Larry Wilson 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: Breach of Fiduciary Duty | Securities Attorney

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.