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Former Raymond James Advisor Barred by FINRA Over Misappropriation Probe

Posted on August 28th, 2025 at 2:00 PM
Former Raymond James Advisor Barred by FINRA Over Misappropriation Probe

From the desk of Jim Eccleston at Ä¢¹½´«Ã½

The Financial Industry Regulatory Authority (FINRA) has permanently barred former Raymond James financial advisor Meredith Archer Ä¢¹½´«Ã½bber after she failed to comply with repeated requests for documents and testimony during an investigation into the possible misappropriation of funds from two elderly clients, according to ThinkAdvisor.

The New York advisor consented to the sanction and the entry of FINRA’s findings, without admitting or denying the allegations, through a FINRA Acceptance, Waiver and Consent (AWC).

As reported by ThinkAdvisor, Raymond James first alerted regulators in July 2024, filing a Form U5 that cited Ä¢¹½´«Ã½bber’s accepting a loan from a customer without firm approval. The firm later amended the filing in August to reflect an internal review into her potential misappropriation of client assets.

Despite FINRA’s ongoing efforts to obtain documents and sworn testimony, Ä¢¹½´«Ã½bber did not cooperate with the investigation. ThinkAdvisor reports that her lack of response ultimately led to the enforcement action barring her from associating with any FINRA member firm in any capacity.

Ä¢¹½´«Ã½bber had 26 years of industry experience, previously holding positions at Ameriprise Financial, Thrivent, Morgan Stanley, Ferris, Baker Watts, UBS, and A.G. Edwards & Sons, according to FINRA’s BrokerCheck database.

 

Ä¢¹½´«Ã½ LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law, finra, raymond james

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