Haselkorn & Thibaut Opens Investigation: Jeff Frankos – Raymond James & Associates, San Francisco, CA
Are you an investor with Jeff Frankos, a financial advisor at Raymond James & Associates in San Francisco, California? If you’ve experienced investment losses or have concerns about the way your portfolio has been managed, it’s important to stay informed about your advisor’s background and any disclosures that may be relevant to your financial wellbeing. Haselkorn & Thibaut has opened an investigation into the matter to help protect investors’ interests and guide them on their potential options.
Key Advisor Details
| Name | Jeff Frankos |
| CRD Number | 4006785 |
| Firm | Raymond James & Associates |
| Location | San Francisco, California |
| Industry Experience | 23 years |
Overview of Jeff Frankos’s Disclosures
While Jeff Frankos is currently registered as both a broker and investment advisor with Raymond James & Associates, a closer look at regulatory and public records highlights a few important points for investors.
Investor Complaints: What You Need to Know
Table of Contents
1. Current Investor Complaint:
- Filed: February 2026
- Allegation: Recommending an unsuitable investment and using discretion in client accounts while at JP Morgan Securities
- Status: Pending (not yet resolved)
- Claimed Damages: $10,953,568
It’s essential to note that this complaint remains in the “pending” stage. There is no record of arbitration, disciplinary actions, or formal lawsuit related to the allegation as of the latest available information.
2. No Other Regulatory or Legal Actions:
- No FINRA disciplinary actions, arbitrations, or suspensions
- No SEC enforcement actions, investigations, or civil complaints
- No state enforcement or administrative proceedings (California and other jurisdictions)
These findings suggest that, aside from the single pending complaint, there are currently no formal disciplinary proceedings or regulatory investigations involving Jeff Frankos.
Red Flags: Understanding Discretion and Unsuitable Recommendations
One of the core issues raised in the complaint involves the alleged use of discretion without proper written authorization and potentially unsuitable investment recommendations. According to regulatory standards:
- Brokers must have explicit written authorization from a client before exercising discretion in their accounts.
- All transactions must be suitable for the client’s financial objectives and risk tolerance.
- Executing trades that are excessive in size or frequency can be considered a breach of duty, even with written authorization.
The pending complaint is focused on whether these standards were properly followed, and whether any client harm occurred as a result. Investors are encouraged to be vigilant and review their account statements, especially if they have granted broad trading authority to any advisor.
About Jeff Frankos’s Professional Background
Professional Registrations and Exam History
- Registered as a broker and advisor with Raymond James & Associates since 2022
- Previous affiliations include: JP Morgan Securities, Thomas Weisel Partners, Citigroup Global Markets, PreferredTrade, and Charles Schwab & Company
- Passed eight key securities industry exams, including Series 10, 9, 65, 63, 7, SIE, 57TO, and 55
- Currently holds licenses in 25 states
You can further verify current registration status and background on FINRA BrokerCheck.
Ongoing Monitoring for Investors
What can you do to stay informed?
- Revisit background checks, including FINRA and state regulator databases, every few months
- Set up alerts for your advisor’s name, CRD number, and firm for timely news
- Contact an experienced law firm if you notice unexplained fees, unauthorized transactions, or suspect unsuitable investment recommendations in your account
Your Next Steps: Free Consultation with Haselkorn & Thibaut
If you are a current or former client of Jeff Frankos at Raymond James & Associates and have experienced losses or have questions about how your account has been handled, reach out now to Haselkorn & Thibaut for a free and confidential consultation.
With over 50 years of experience, a 98% success rate, and millions recovered for clients, the team at Haselkorn & Thibaut is ready to review your situation and discuss your legal options. There is no fee unless we recover funds for you – no recovery, no fee.
Contact Haselkorn & Thibaut today at 1-888-885-7162 to discuss your case in confidence.
Being proactive and informed can help protect your investments and your financial future. Don’t wait—reach out today for trusted, professional advice.
