Raymond Anthony Gutowski (CRD #2572346) Has Customer Dispute Disclosures on FINRA BrokerCheck

Raymond Anthony Gutowski (CRD #2572346) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on May 25, 2026. It reflects 11 customer dispute disclosures. If you invested with Raymond Anthony Gutowski and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Raymond Gutowski FINRA BrokerCheck Report reflects 11 customer dispute disclosures. Summaries of two disputes are below. Nine additional customer dispute disclosures remain.

On March 3, 2026, a customer alleged Raymond Gutowski did not provide account management while collecting fees. The alleged activity dates were February 22, 2012, through May 10, 2024. The customer sought $50,000 in damages. Raymond Gutowski FINRA BrokerCheck lists the product as exchange traded funds. Raymond James & Associates, Inc. denied the claim on March 30, 2026.

On July 22, 2016, a customer alleged fraud, unsuitability, breach of fiduciary duty, breach of contract, negligence, and strict liability. The alleged activity dates were May 19, 2009, through June 30, 2016. The customer sought $364,000 in damages. Raymond Gutowski FINRA BrokerCheck lists the product as listed equity. The dispute settled for $25,000 on December 22, 2016.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for each recommendation. A broker should match the investment to the customer’s profile. That profile can include risk tolerance, goals, time horizon, and liquidity needs.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor)

FINRA Rule 2010 requires high standards of commercial honor. Customer disputes may raise questions about whether account conduct met that standard.

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, Raymond Gutowski:

Is currently registered with Raymond James & Associates, Inc.

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

Was previously registered with firms that include Wachovia Securities, Inc., First Union Capital Markets Corp., and Planco Financial Services, Inc.

Kurta Law Can Help

If you have worked with Raymond Gutowski, Kurta Law may be able to help. The firm can evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Unsuitable Investments | Securities Attorney

For nearly 20 years, Kurta Law has advocated for investors. Our firm represents clients nationwide in securities arbitration and related disputes. An attorney can review the facts. They can explain possible next steps.