Our firm is investigating Citizens Securities, Inc. financial advisor and stockbroker Robert Carl Orbin Jr. (CRD# 2955624), a wealth advisor based at the firm’s Kingston, Pennsylvania office, for potential investment-related misconduct.
Robert Carl Orbin Jr. Financial Advisor’s Career History
Robert Carl Orbin Jr. is currently registered with Citizens Securities, Inc. (CRD# 39550), where FINRA BrokerCheck lists him as registered since June 20, 2024. His listed Citizens Securities branch locations include Kingston, West Hazleton, and Wilkes-Barre, Pennsylvania. BrokerCheck reports that he is registered with FINRA and licensed in Delaware, New Jersey, and Pennsylvania.
His prior securities industry registration history includes:
- Cetera Investment Advisers LLC: June 2023 to April 2024
- Cetera Advisor Networks LLC: August 2016 to April 2024
- Allstate Financial Advisors, LLC: August 2014 to August 2016
- Allstate Financial Services, LLC: August 2014 to August 2016
- Sterling Investment Advisors Ltd.: February 2008 to August 2014
- Purshe Kaplan Sterling Investments: April 2011 to August 2014
- Cambridge Investment Research, Inc.: February 2008 to April 2011
- Walnut Street Securities, Inc.: April 2007 to February 2008
- Preswick Capital Management, LLC: March 2002 to February 2007
- Curtis Securities, LLC: February 2002 to May 2002 and February 2003 to February 2007
- Curtis Financial Advisors, LLC: March 2002 to May 2002
- Quick & Reilly, Inc.: May 2001 to October 2001
- First Union Securities, Inc.: October 2000 to March 2001
- First Union Brokerage Services, Inc.: November 1997 to October 2000
Robert Carl Orbin Jr. Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reports one disclosure event involving Robert Carl Orbin Jr.: a pending customer dispute. The complaint alleges that, while Orbin was associated with Cetera Wealth Services, LLC, there was a failure to update beneficiary designations on a deceased client’s accounts. The alleged failure, oversights, and negligence reportedly caused account proceeds to be distributed to incorrect beneficiaries after Mr. Hough’s passing instead of passing entirely to Mrs. Hough as allegedly directed at a 2022 meeting.
Pending Customer Dispute Involving Beneficiary Designations
For context, the FINRA BrokerCheck disclosure lists the following details:
- Disclosure type: Customer Dispute — Pending
- Reporting source: Broker
- Employing firm when alleged activity occurred: Cetera Wealth Services, LLC
- Allegation: Failure to update beneficiary designations on a deceased client’s accounts, allegedly resulting in proceeds being distributed to incorrect beneficiaries
- Product type: No Product
- Alleged damages: $1,900,000
- Date notice/process served: November 19, 2025
- Litigation pending: Yes
- Forum/action: Civil litigation in state court
- Court: Supreme Court of Pennsylvania, Court of Common Pleas
- Location: Carbon County
- Docket/Case number: 25-CV-2488
- Disposition: Pending; no final adjudication, settlement, or finding of wrongdoing is reported in the BrokerCheck report
BrokerCheck also states that the report lists one customer dispute disclosure and does not report any additional disclosure categories for Orbin in the summary, such as regulatory actions, criminal matters, employment terminations, bankruptcies, or civil judicial disclosures. The pending complaint remains an allegation and should not be treated as a final finding of liability.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
To obtain a copy of Robert Carl Orbin Jr.’s FINRA BrokerCheck report, visit this link.
FINRA Rule 2010 requires members, in the conduct of their business, to observe high standards of commercial honor and just and equitable principles of trade. In the context of the pending complaint against Robert Carl Orbin Jr., Rule 2010 may be relevant because the allegation concerns whether client instructions about account beneficiary designations were properly handled and documented. If the alleged failure to update beneficiary information is proven, the conduct could raise fair-dealing concerns even though BrokerCheck lists the product type as “No Product.”
FINRA Rule 2090, the Know Your Customer rule, requires reasonable diligence in the opening and maintenance of every account to know and retain essential facts concerning the customer. In this context, the allegation that beneficiary designations were not updated after a 2022 meeting may implicate account-maintenance responsibilities because beneficiary information can be material to properly servicing an account and carrying out client instructions.
FINRA Rule 3110 requires each member firm to establish and maintain a supervisory system reasonably designed to achieve compliance with applicable securities laws and FINRA rules. In the context of the pending complaint, a potential supervisory issue would be whether the firm had reasonable procedures to document, process, review, and confirm beneficiary-change requests before the client’s death. The BrokerCheck disclosure is pending, so it does not establish that Orbin or any firm violated Rule 3110.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis. Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.