William Bredt, Raymond James: Investor Lawsuit Investigation
The White Law Group is investigating potential securities claims involving Raymond James & Associates advisor William Roy Bredt (CRD#: 1621507). According to FINRA BrokerCheck, Bredt is currently registered as both a broker and an investment adviser with more than 35 years of industry experience. He has been affiliated with Raymond James since 1999 and is based in West Conshohocken, Pennsylvania.
Customer Complaints Against William Bredt
Bredt’s BrokerCheck report reveals multiple customer disputes, including two pending claims filed in 2025.
- July 16, 2025 – Pending Dispute: A client alleges that Bredt made representations that failed to account for weaknesses and structural defects in a private investment.
- March 24, 2025 – Pending Dispute: A claimant alleges that Bredt recommended an unsuitable private placement investment and misrepresented the potential risks and returns. Damages requested: $400,000.
- July 2, 2025 – Denied Claim: A client alleged they were not receiving financial advice or service despite paying management fees. Damages requested: $33,252.96.
- December 10, 2024 – Denied Claim: A client alleged that their account type was unsuitable. Damages requested: $10,000.
- October 8, 2008 – Settled Dispute: A client alleged failure to follow instructions. The matter was settled for $27,000.
- August 13, 1998 – Settled Dispute: A client alleged unsuitable trading, misrepresentation, unauthorized trading, and churning. Damages requested: $54,776.28. The case settled for $24,000. Bredt noted that he was named solely as a partner to the representative involved and was not personally responsible.
In total, Bredt’s record reflects eight disclosures, including both pending and settled customer complaints.
Employment History
According to FINRA records, William Bredt has been registered with the following firms:
- Raymond James & Associates, Inc. (CRD#: 705) – West Conshohocken, PA (1999–Present as Broker; 2010–Present as Investment Adviser)
- First Union Capital Markets Corp. (CRD#: 6124) – Charlotte, NC (1992–1999)
- Herzog, Heine, Geduld, Inc. (CRD#: 2186) – (1987–1989)
Risks for Investors
The allegations suggest that investors may have been exposed to:
- Unsuitable Investments – Claims include recommendations of private placements that may not have been appropriate for the client’s profile.
- Misrepresentation of Risks – Allegations indicate that important weaknesses and risks were not fully disclosed.
- Lack of Proper Advice – Some claims allege inadequate advisory services despite management fees being charged.
When brokers recommend high-risk or unsuitable investments, or fail to provide accurate information, investors may face significant financial harm.
Recovery Options for Investors
Investors who have suffered losses due to William Roy Bredt’s recommendations may be able to pursue claims through FINRA arbitration. This process allows investors to bring claims against broker-dealers such as Raymond James & Associates for failure to properly supervise their representatives and protect clients from unsuitable or misrepresented investments.
Unlike class actions, FINRA arbitration cases are typically pursued individually and may provide a more direct path to recovering damages.
Free Consultation with a Securities Attorney
If you invested with William Roy Bredt and are concerned about potential investment losses, the securities attorneys at The White Law Group may be able to help.
Call our office at (888) 637-5510 for a free consultation. To learn more about your recovery options, please visit www.whitesecuritieslaw.com.
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FAQs
Who is William Roy Bredt?
He is a financial advisor with more than 35 years of industry experience, currently registered with Raymond James & Associates, Inc. in Pennsylvania.
What are the allegations against him?
Clients allege unsuitable private placement recommendations, misrepresentation of investment risks, and lack of proper advisory services. Two disputes remain pending in 2025.
Can I recover my investment losses?
Possibly. If your broker recommended unsuitable investments or misrepresented risks, you may be entitled to pursue recovery through FINRA arbitration.
