FINRA’s BrokerCheck discloses that Todd Roggen has been the subject of eight customer complaints, one of which was made in 2025. The 2025 complaint alleges that Roggen recommended two private placement investments between 2021 and 2025.  There are also allegations that the investments were unsuitable for the client and led to financial losses of at least $5,000.  At least one of the investments was related to real estate.

Todd Roggen’s History in the Securities Industry

Todd Roggen was licensed with Raymond James between 2010 and November 2024, working out of the firm’s Houston, Texas branch. Since then, Roggen has been affiliated and is a “managing director” with a company called OneSeven, which is a registered investment advisory (RIA) firm.

In addition to the 2025 complaint, Roggen has been the subject of seven other customer complaints.  The customers in those seven cases either settled or were awarded a combined $680,000. 

Did Raymond James Properly Supervise Todd Roggen?

Brokerage firms like Raymond James must supervise the actions of their registered representatives, especially if the advisor has several past customer complaints.  Only a small percentage of licensed financial advisors have as many complaints as Todd Roggen. When a financial advisor allegedly engages in misconduct—such as mismanaging accounts or making unsuitable investment recommendations—the brokerage firm that employs them may also be held liable for failing to adequately supervise their conduct.

In the securities industry, this is known as “failure to supervise,” and it plays a crucial role in many investor recovery cases. FINRA Rule 3110 requires brokerage firms to establish and maintain a system to monitor the activities of their financial advisors.  Firms are required to consider certain factors when supervising a financial advisor, including the types of investments that the advisor is selling, as well as the complaint history of the broker.

At Israels & Neuman, we frequently represent clients in failure to supervise cases involving firms that allowed inappropriate conduct to continue unchecked.

How Israels & Neuman Can Help You Recover Money

Our firm has recovered millions of dollars for wronged investors across the country. We have brought claims against a wide range of brokerage firms.

We offer free case evaluations, and if we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you.

Contact Us for a Free Consultation

If you lost money investing with Todd Roggen or Raymond James, you may be entitled to compensation.

Call us at (720) 599-3505 or (206) 795-5798 or
Visit our website to learn more and schedule your free consultation.

BETHESDA, MARYLAND Are you a former client of Andrew Egber in Bethesda, Maryland? The investment fraud and securities arbitration law firm of Israels & Neuman is looking into allegations against Andrew Egber, who previously worked with Wells Fargo, Raymond James, and Steward Partners Investment Solutions.

He was barred by FINRA after he refused to respond to an investigation. In February 2024, Wells Fargo had filed a disclosure with FINRA that a customer alleged that the customer made an investment with Egber and that the investment funds were not returned. That led to a FINRA investigation which he refused to comply with.

Andrew Egber was registered with Wells Fargo from 2009 to January 2018. He was also with Raymond James from January 2018 to May 2022 and with Steward Partners Investment Solutions from May 2022 to April 2024. He worked in Bethesda, Maryland.

Israels & Neuman has represented over 1,000 investors in the past, including numerous investors in Maryland. Our firm has sued many brokerage firms in the past.

FINRA AWC can be found HERE View BrokerCheck Report HERE

If you lost money with Andrew Egber, or Wells Fargo, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.