Ruben Frezzotti Fired from Raymond James & Associates for Alleged Policy Violations

Ruben Frezzotti (CRD #: 4439983), a broker formerly registered with Raymond James & Associates, was fired from that firm, according to his BrokerCheck record, accessed on July 19, 2025. Read on if you want to know more about his alleged conduct as a broker.

Termination from Raymond James & Associates

On September 21, 2023, Ruben Frezzotti was fired from Raymond James & Associates following allegations that he violated firm policies with regard to an outside business activity relating to real estate lending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Other business activities

Ruben Frezzotti’s detailed BrokerCheck page discloses one outside business activity: Frezzotti Financial Services Corp., where he engages in financial business.

Investor Dispute

On July 22, 2021, multiple investors alleged that Ruben Frezzotti made unsuitable recommendations to invest in an offshore fixed annuity starting in September 17, 2007. At the time of dispute filing, this annuity was allegedly under liquidation order.

The clients sought $5 million in damages and received a settlement of $900,000.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must use the information in an investor’s profile, such as their age, risk tolerance, and tax status when making recommendations.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

Background Information

Ruben Frezzotti has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Futures Managed Funds Examination – Series 31
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

He previously worked for the following firms:

• Raymond James & Associates (CRD#:705) 
• Morgan Keegan & Company (CRD#:4161)
• PFIC Securities Corporation (CRD#:34941) 
• Salomon Smith Barney (CRD#:7059) 

Kurta Law Can Help

If you worked with Ruben Frezzotti and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.