Timothy Rauwald Allegedly Made Unsuitable Allocations

Timothy Rauwald (CRD #: 2189456), a broker registered with UBS Financial Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on May 3, 2024. Keep reading if you have questions concerning his alleged conduct. 

Investor Allegations 

On February 15, 2024, Timothy Rauwald allegedly did not review or change a client’s risk profile since the beginning of their working relationship, and the account was unsuitably allocated. The investor further alleged that Timothy Rauwald made changes in her account without her consent and breached his fiduciary duty. 

Unsuitable Investment Allocations 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Making unauthorized changes to an account may violate this rule. 

Background Information 

Timothy Rauwald has passed the following exams: 

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

He is a registered broker in 35 states and D.C. He is also a registered investment adviser in Texas and Virginia. 

Kurta Law Can Help 

If you have worked with Timothy Rauwald and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.