Raymond James Fires Christopher Baugh for Outside Business Activities

MIRAMAR, FLORIDA     Have you invested with advisor Christopher Baugh from Miramar, Florida? This advisor has been fired by his brokerage firm, Raymond James, in March 2024.  He was under internal investigation for allegations that Baugh engaged in conduct inconsistent with firm policies applicable to outside business activities.  Generally, financial advisors are supposed to disclose all of their business activities, even those outside of their brokerage firm.

Christopher Baugh was licensed with Raymond James from 2005 to March 2024.  He also operated Baugh Financial and CBJB, doing business as Wealth Stewards, in Miramar and Santa Rosa Beach, Florida.

Brokers are required to disclose outside business activities pursuant to FINRA Rule 3270.  Moreover, under FINRA Rule 3111, Raymond James is required to have written supervisory and compliance procedures.  If the firm failed to reasonably supervise Christopher Baugh, it may be liable for customer losses.

Our firm has represented numerous investors throughout Florida and have sued dozens of brokerage firms in the past, including Raymond James.  Attorney David Neuman is licensed to practice law in Florida.

            View BrokerCheck report here. 

If you lost money with Christopher Baugh or Raymond James, please Contact Us at 206-795-5798 for a free evaluation of your case.