麻花传媒

Former Raymond James Advisor Barred by FINRA Over Misappropriation Probe

Posted on August 28th, 2025 at 2:00 PM
Former Raymond James Advisor Barred by FINRA Over Misappropriation Probe

From the desk of Jim Eccleston at 麻花传媒

The Financial Industry Regulatory Authority (FINRA) has permanently barred former Raymond James financial advisor Meredith Archer Webber after she failed to comply with repeated requests for documents and testimony during an investigation into the possible misappropriation of funds from two elderly clients, according to ThinkAdvisor.

The New York advisor consented to the sanction and the entry of FINRA’s findings, without admitting or denying the allegations, through a FINRA Acceptance, Waiver and Consent (AWC).

As reported by ThinkAdvisor, Raymond James first alerted regulators in July 2024, filing a Form U5 that cited Webber’s accepting a loan from a customer without firm approval. The firm later amended the filing in August to reflect an internal review into her potential misappropriation of client assets.

Despite FINRA’s ongoing efforts to obtain documents and sworn testimony, Webber did not cooperate with the investigation. ThinkAdvisor reports that her lack of response ultimately led to the enforcement action barring her from associating with any FINRA member firm in any capacity.

Webber had 26 years of industry experience, previously holding positions at Ameriprise Financial, Thrivent, Morgan Stanley, Ferris, Baker Watts, UBS, and A.G. Edwards & Sons, according to FINRA’s BrokerCheck database.

 

麻花传媒 LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law, finra, raymond james

Return to Archive

TESTIMONIALS

Previous
Next

Fantastic news!!!!  Your professionalism, support and expertise were greatly appreciated.  You made a difficult situation much more bearable.

Marci M.

LATEST NEWS AND ARTICLES

September 16, 2025
Former Morgan Stanley Advisors Win Partial Court Victory in Client Solicitation Dispute

Two former Morgan Stanley advisors in Hackensack, New Jersey have defeated Morgan Stanley’s initial effort to block them from soliciting clients, according to an August 15 order from New Jersey Superior Court.

September 15, 2025
California Young-Gun Investor Charged in Alleged $6 Million Ponzi Scheme

Federal prosecutors have accused Mihir Deepak Sukthankar, a California resident once celebrated as a teenage trading “prodigy,” of orchestrating a multi-million-dollar Ponzi scheme.

September 12, 2025
LPL Broker Fined and Suspended for Recommending Risky Investments to Elderly Client

An LPL Financial broker in Elizabethtown, Kentucky, has agreed to sanctions after FINRA found he violated Regulation Best Interest (Reg BI) when recommending unsuitable investments to an elderly customer.