Haselkorn & Thibaut has initiated a comprehensive investigation into the professional conduct of financial advisor Paul Meyer (CRD# 3062534), an RBC Capital Markets representative based in Minnetonka, Minnesota. If you have invested with Mr. Meyer, or if you are a current or former client, it is critical to understand the available public information, current regulatory status, and any potential red flags for investors. Engaging early with experienced investment fraud lawyers can be essential to protecting your financial interests. Haselkorn & Thibaut (investmentfraudlawyers.com) brings over 50 years of collective experience, a 98% success rate, and a “no recovery, no fee” promise for clients seeking to recover losses related to securities fraud or misconduct.
Paul Meyer of RBC Capital Markets: Background & Experience
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Paul Meyer holds 27 years of securities industry experience and is currently registered as a broker and investment advisor with RBC Capital Markets in Minnetonka, Minnesota. His registration with RBC began in 2017; prior to that, he was associated with large firms such as Morgan Stanley. Mr. Meyer has completed four industry licensing examinations: SIE, Series 65, Series 63, and Series 7, and maintains registrations in over 20 states. His extensive tenure reflects significant industry exposure and a level of professional accomplishment.
Recent FINRA Regulatory Actions: Suspension and Fine
Despite a lengthy career, recent developments point to certain regulatory concerns for investors to note:
- December 2025: The Financial Industry Regulatory Authority (FINRA) sanctioned Paul Meyer following allegations that he exercised discretion without prior written authorization on 334 trades across 45 accounts for 32 customers. According to FINRA, while Mr. Meyer may have generally discussed strategies with clients, their accounts were never formally recognized as discretionary, violating both FINRA Rule 3260 (requirement of written authority for discretionary trades) and FINRA Rule 2010 (high standards of commercial honor).
- Disciplinary Outcome: Mr. Meyer received a six-week suspension and a $5,000 fine from FINRA as a result of these violations.
Investors should be aware that discretionary trading without the proper written authorization is viewed seriously by regulators due to the risks it poses to client interests and compliance with industry standards.
Customer Complaints: Nature, Amounts, and Resolutions
Aside from regulatory findings, the public BrokerCheck record and FINRA documents reveal a series of customer complaints connected to Mr. Meyer’s activities at RBC Capital Markets. Here is a clear, summarized table based on the most recent data:
| Year Filed | Allegation | Outcome | Settlement Amount |
|---|---|---|---|
| 2022 | Failure to follow instructions regarding sale of stock investments | Settled (2023) | $72,500 |
| 2022 | Unauthorized trades, poor advice | Settled (2023) | $20,040.42 |
| 2022 | Unauthorized trades, poor advice | Settled (2023) | $100,000 |
Key takeaways:
- All three complaints were resolved through settlements totaling nearly $200,000.
- They consistently cite unauthorized trading and poor investment advice as core issues.
- Each complaint relates to Mr. Meyer’s role while with RBC Capital Markets.
BrokerCheck & Public Registry Status: What Investors Should Know
It’s notable that, as of the most recent update, Paul Meyer’s BrokerCheck record does not currently disclose any outstanding or unresolved customer complaints, regulatory actions, or civil litigation. Verify the latest information directly with FINRA BrokerCheck using Paul Meyer’s CRD# 3062534 for the most up-to-date status on disclosures and registration.
In addition, there are no reported actions, orders, or investigations in the SEC’s EDGAR system nor in federal or state court filings. However, regulatory sanctions and settled customer complaints remain meaningful signals for investors evaluating their relationships with any financial advisor.
Red Flags & Considerations for Investors
Several important concerns arise from this track record:
- Multiple allegations of unauthorized trading: This type of misconduct erodes investor confidence and can generate substantial losses.
- Lack of proper written discretionary authority: Trading on a client’s behalf without the required documentation exposes both the client and the advisor to heightened compliance risk.
- Regulatory sanctions: Suspensions and fines—even modest ones—should be scrutinized by current and former clients, as they signal past lapses in adherence to industry rules.
- Settled investor complaints: While settlements do not imply guilt or wrong-doing, multiple cases over a short time period suggest a pattern that warrants attention and, for some, further investigation.
If you are uncertain about transactions in your account, experienced unexpected losses, or simply wish to have an independent review of your investments managed by Paul Meyer, action now could help protect your assets and rights as an investor.
Next Steps: Protecting Your Rights and Recovering Losses
Haselkorn & Thibaut is currently investigating Paul Meyer of RBC Capital Markets for alleged securities violations and investor losses. With decades of combined experience and millions of dollars recovered for clients, the team at Haselkorn & Thibaut is equipped to provide a thorough and confidential assessment of your situation. There is no cost to speak with an attorney and no fee unless there is a recovery.
For a free, confidential case review with a skilled securities attorney, call Haselkorn & Thibaut at 1-888-885-7162. You will receive honest answers and a clear understanding of your next steps—at no risk to you.
- Have questions regarding your investment accounts managed by Paul Meyer?
- Noticed unauthorized trades or are unclear about past transactions?
- Lost money in accounts handled by RBC Capital Markets?
Don’t delay. Contact Haselkorn & Thibaut today for a free and confidential consultation. Your rights as an investor deserve to be protected, and your financial security should always come first.
