Have you lost money with financial advisor Jeffrey Drost, formerly with Raymond James in Victoria, Texas? We are looking into allegations made against Jeffrey Drost. Drost was barred from the securities industry after he failed to respond to a FINRA investigation. Drost was being investigated after he was terminated by Raymond James regarding allegations that he borrowed money from customers.

Jeffrey Drost was with Raymond James from March 2017 to April 2021. He was also with Ameriprise from February 2015 to March 2017. He has worked at branch offices in Victoria, Texas.

Brokerage firms like Raymond James have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Raymond James and Ameriprise,.

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If you lost money with Jeffrey Drost, Raymond James, or Ameriprise, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.