Raymond James & Associates financial advisor and stock broker Honor B. Rodgers (CRD# 3046561) works from the firm’s Largo, Florida branch office and is the subject of a pending FINRA-disclosed customer dispute concerning management fees and investment-related misconduct.
Financial Advisor’s Career History
Honor B. Rodgers is currently registered with Raymond James & Associates, Inc. as both a broker and an investment adviser representative, with broker registration effective December 18, 2017, and investment adviser registration effective January 22, 2018. The BrokerCheck report lists the branch office at 2401 West Bay Drive, Largo, Florida 33770, and also identifies a Seminole, Florida branch location. The report states that no previous securities-firm registrations were reported. In the employment history section, Rodgers is listed as a registered associate at Raymond James & Associates from September 2017 to the present, was unemployed/homemaker from June 2017 through September 2017, and worked as General Counsel at Alliance Commercial Group from May 2009 through June 2017.
Honor B. Rodgers Fraud Allegations and Investor Complaints Explained
According to the BrokerCheck disclosure, Rodgers has one pending customer dispute. The reporting source is identified as the broker, and the employing firm at the time of the conduct was Raymond James & Associates, Inc. The allegation states that the client “did not receive services for management fees they paid.” The alleged activity dates are June 24, 2024 through January 12, 2026, the product type is listed as “No Product,” the alleged damages are $5,055.72, and the complaint was received on January 12, 2026. The report further states that the matter is a written complaint, not an arbitration or civil action, and that no settlement amount or individual contribution amount is listed because the matter remains pending.
Disclosure Summary
- January 12, 2026 – Customer Dispute / Written Complaint
Allegation: Client alleged they did not receive services for management fees they paid.
Activity Dates: June 24, 2024 to January 12, 2026.
Product Type: No Product.
Alleged Damages: $5,055.72.
Status / Disposition: Pending; no settlement amount reported.
Additional FINRA Disclosure Context
The BrokerCheck report shows one disclosure event total, categorized as a Customer Dispute, with 1 pending matter and 0 final matters. No prior securities-firm registrations are reported, and no other customer dispute, regulatory, criminal, civil, or financial disclosure appears in the uploaded BrokerCheck report.
To obtain a copy of Honor B. Rodgers’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2010 and the Allegations Against Honor B. Rodgers
FINRA Rule 2010 requires associated persons to observe high standards of commercial honor and just and equitable principles of trade. In a case like this, a complaint that a client paid management fees but allegedly did not receive the promised services can raise a Rule 2010 issue because the rule broadly addresses unfair or unethical conduct in a broker’s dealings with customers. If a broker charged or allowed advisory-style fees to continue without providing the level of service the client reasonably expected, regulators and claimants often look to Rule 2010 as a baseline conduct standard. The current disclosure against Rodgers is still pending, so these allegations remain unproven at this stage.
FINRA Rule 2111 and Suitability in a Fee-Based Relationship
FINRA Rule 2111 is the suitability rule. Although the disclosed complaint lists the product type as “No Product,” the allegation about management fees can still implicate suitability concepts if the client was placed into or maintained in a fee-based arrangement that was not appropriate for the client’s needs, trading profile, or expected level of ongoing service. A central question in disputes of this kind is whether the customer was put into an account structure that justified recurring fees and whether the services supposedly tied to those fees were actually being delivered. Where a client claims that the services were not provided, claimant’s counsel may argue that the overall recommendation and maintenance of the relationship were unsuitable under Rule 2111.
FINRA Rule 3110 and the Firm’s Supervisory Obligations
FINRA Rule 3110 requires brokerage firms to establish and maintain a supervisory system reasonably designed to achieve compliance with securities laws and FINRA rules. In the context of this complaint, Rule 3110 matters because supervisory systems should be capable of identifying whether client accounts that incur management fees are receiving the promised reviews, monitoring, contact, or other services. If an account generated fees while the client allegedly received little or no corresponding service, a failure-to-supervise theory may arise alongside the underlying customer complaint. That does not establish misconduct by Rodgers or the firm, but it is a rule commonly examined when customer complaints focus on ongoing service deficiencies in fee-charging relationships.
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.