Jose Gamez, Raymond James – Broker Barred Over Alleged Misuse of Client Funds
The Financial Industry Regulatory Authority (FINRA) has reportedly barred former Raymond James Financial Services advisor Jose Gamez following allegations that he misused client funds. The regulatory action comes after Raymond James paid more than $400,000 to settle a customer dispute involving Gamez.
Background on Jose Gamez and Raymond James
According to FINRA BrokerCheck, Jose Gamez began his career in the financial industry in 2000. He worked with several firms, including LPL Financial, before joining Raymond James Financial Services, the independent advisor arm of Raymond James, in 2017.
In June 2025, Raymond James discharged Gamez, citing that he “used client funds for personal reasons,” according to the firm’s Form U5 filing with FINRA.
FINRA Investigation and Bar
Following the termination, FINRA initiated an investigation into the alleged misuse of funds. When the regulator requested documents and information, Gamez—through his attorney—reportedly refused to comply.
As a result, FINRA permanently barred Jose Gamez from associating with any member firm in any capacity. The bar was finalized through a Letter of Acceptance, Waiver, and Consent (AWC) filed in October 2025, which Gamez signed without admitting or denying the findings.
A spokesperson for Raymond James declined to comment on the matter.
Customer Dispute and Settlement
BrokerCheck records indicate one customer dispute involving Jose Gamez, alleging misappropriation of funds. The client reportedly sought $1.9 million in damages. According to the disclosure, Raymond James settled the claim for approximately $413,000.
The settlement may raise concerns among investors about potential Jose Gamez complaints and Raymond James lawsuits related to inadequate supervision or misappropriation of funds.
Recovering Investment Losses Involving Jose Gamez or Raymond James
If you suffered investment losses while working with Jose Gamez or another Raymond James financial advisor, you may be able to pursue recovery through a FINRA arbitration claim.
Brokerage firms like Raymond James Financial Services have a duty to supervise their financial advisors and ensure they follow industry rules and act in the best interests of their clients. When a firm fails to properly monitor a broker, it may be held liable for the advisor’s misconduct.
The White Law Group is investigating potential Jose Gamez lawsuits and Raymond James lawsuits on behalf of investors who experienced losses due to broker misconduct or misuse of funds.
FINRA Arbitration for Investor Recovery
FINRA arbitration is a common legal process for investors seeking recovery from brokerage firms and financial advisors. Claims may include:
-
Misuse or misappropriation of client funds
-
Unauthorized trading or withdrawals
-
Breach of fiduciary duty
-
Failure to supervise brokers
-
Negligence or fraudulent conduct
If you believe your Raymond James advisor engaged in misconduct, consulting with an experienced securities fraud attorney can help determine your recovery options.
Free Consultation with a Securities Attorney
If you invested with Jose Gamez at Raymond James Financial Services and have concerns about your accounts, the securities attorneys at The White Law Group can help.
Contact The White Law Group at (888) 637-5510 for a free consultation to discuss your potential claim, or visit www.whitesecuritieslaw.com
FAQs about Jose Gamez and Raymond James
1. What does it mean that FINRA barred Jose Gamez?
When FINRA bars a broker, it means the individual is permanently prohibited from working with any FINRA-member firm in any capacity. This typically results from serious rule violations or failure to cooperate in an investigation.
2. Can I recover losses from Jose Gamez or Raymond James?
Yes. If you suffered financial losses due to alleged misconduct or misappropriation by Jose Gamez or another Raymond James advisor, you may be able to file a FINRA arbitration claim to pursue recovery from the firm for failure to supervise.
3. What should I do if I have a complaint about Jose Gamez?
If you believe you were affected by Jose Gamez’s alleged misconduct, you should review your account statements and contact a securities attorney to discuss your potential Jose Gamez complaint or Raymond James lawsuit.
