Haselkorn & Thibaut, a national investment fraud law firm with over 50 years of experience and a 98% success rate, has opened an investigation into San Rafael, California financial advisor Mark Rubin (CRD# 1936202), currently registered as both a broker and investment advisor with Raymond James & Associates. If you believe you may have suffered investment losses involving this advisor, a confidential, no-obligation consultation is available by calling 1-888-885-7162. There is no fee unless we recover for you.
Who is Mark Rubin of Raymond James & Associates?
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Mark Rubin is a financial advisor based in San Rafael, California, with a career spanning more than 35 years in the securities industry. He has been affiliated with some of the industry’s major broker-dealers, including Morgan Stanley, Citigroup Global Markets, Lehman Brothers, and Ampal Securities Corporation, before joining Raymond James & Associates in 2016. His experience is supported by the successful completion of multiple industry exams, such as the Securities Industry Essentials (SIE), Series 65, Series 63, and Series 7. Mark Rubin currently maintains 25 state licenses. See his FINRA BrokerCheck profile.
Summary Table: Complaint History for Mark Rubin (Raymond James & Associates)
| Date Filed | Allegations | Firm | Status/Outcome | Amount/Damages |
|---|---|---|---|---|
| March 2026 | Recommended an unsuitable promissory note | Raymond James & Associates | Pending | $550,000 |
| 2024 | Unauthorized transactions, failure to follow instructions | Raymond James & Associates | Settled | $30,750 |
| May 2018 | Failure to supervise, breach of fiduciary duty | Raymond James & Associates | Dismissed | $200,000 requested |
| October 2013 | Unsuitable equity options trading | Raymond James & Associates | Settled (no admission) | $150,000 requested, $75,000 paid |
| 2005 | Liquidated annuity without client knowledge | Citigroup Global Markets | Denied by firm | Unspecified |
| 2002 | Failure to conduct due diligence | Salomon Smith Barney | Denied by firm | Unspecified |
Detailed Complaint & Regulatory History
- March 2026: Investor alleges that Mr. Rubin recommended an unsuitable investment in a promissory note while at Raymond James. The complaint is currently pending, with claimed damages totaling $550,000.
- 2024: A customer accused Mr. Rubin of making unauthorized transactions and failing to follow client instructions, also at Raymond James. This case was settled for $30,750.
- October 2013: A claim for unsuitable equity options trading while at Raymond James & Associates was filed, seeking $150,000 in damages. The firm settled for $75,000, with no admission of wrongdoing by Mr. Rubin.
- May 2018: A complaint accused Mr. Rubin of failure to supervise and breach of fiduciary duty, with $200,000 in damages requested. The arbitrator dismissed this case.
- 2005: While affiliated with Citigroup Global Markets, an investor alleged Mr. Rubin liquidated an annuity without client knowledge. This case was denied by the firm.
- 2002: At Salomon Smith Barney, a claim alleged lack of due diligence. It, too, was denied by the firm.
Regulatory and Legal Review: Red Flags
- No FINRA disciplinary actions, suspensions, or bars against Mark Rubin.
- No SEC orders, enforcement actions, or investigations involving Mark Rubin individually.
- No state regulatory actions or administrative findings.
- No federal or state litigation or class actions in which he is named as a defendant have been identified in public dockets.
It is important to note, however, that multiple customer complaints (including some with significant settlement amounts and a current large pending case) are notable risk indicators when assessing advisor conduct and investor suitability.
What Should Investors Do?
- Monitor your account statements closely for any unauthorized activity or transactions you do not understand.
- If you have invested in promissory notes or other complex products, review the risks and rationale for those investments, especially if they were recommended by Mark Rubin while he was at Raymond James & Associates.
- If you suspect losses due to unsuitable recommendations, unauthorized trading, or disregard of instructions, it is vital to have your situation reviewed by a law firm experienced in investment loss claims.
Haselkorn & Thibaut offers a free, confidential review of your account. There is no fee unless they recover for you. Nationwide representation is available. To protect your rights and get answers to your questions, call 1-888-885-7162 today.
Why Choose Haselkorn & Thibaut?
- More than 50 years of combined experience focusing exclusively on helping investors recover losses from financial advisors and broker-dealers across the U.S.
- 98% success rate and millions of dollars recovered for investors just like you.
- Work is performed on a no recovery, no fee basis; there is no cost unless your claim is successful.
- Empathetic, client-focused attorneys who keep you informed at every stage.
Even a single customer complaint can be cause for concern, but a pattern of complaints and settlements deserves immediate attention. If you have questions or concerns about your investments with Mark Rubin of Raymond James & Associates in San Rafael, California, the experienced team at Haselkorn & Thibaut can help. Take action now: call 1-888-885-7162 or visit investmentfraudlawyers.com for your free consultation.
