Former Alexander Capital, L.P. Broker and Investment Advisor Roger Allan Roemmich Barred

• August 10, 2026
• Alexander Capital

Former Alexander Capital, L.P. Broker and Investment Advisor Roger Allan Roemmich Barred

 

Broker’s Background

 

Roger Allan Roemmich (CRD #: 1293322) is formally a register broker and financial advisor at Alexander Capital, L.P., Alexander Capital Wealth Management LLC, Retirement Cash Flow Group, LLC, Dempsey Lord Smith, LLC, Roger’s Retirement Readiness Alliance LLC, Coastal Equities, Inc., Roka Wealth Strategists, Triad Advisors, Inc., H&R Block Financial Advisors, Inc., Investacorp, Inc., Jason Mackenzie Securities Corporation, Ashford Capital Corporation, FSC Securities Corporation and Phoenix Financial Corporation

 

Current and Past Allegations of Conduct Leading to Investment Loss

 

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in March 2026, Roger Allan Roemmich was barred after the following allegations:

• Without admitting or denying the findings, Roemmich consented to the sanction and to the entry of findings that he refused to produce information and documents requested by FINRA during its review of a customer arbitration filed against his member firm by former customers of his alleging, among other things, that he made unsuitable recommendations. The findings stated that the documents and information sought were material to FINRA’s investigation. Roemmich made a partial production but did not substantially respond to FINRA’s requests. After providing the initial response, Roemmich stated he would no longer provide documents or information to FINRA.

In addition, Roger Allan Roemmich has been the subject of nine past FINRA disclosures, including the following:

• March 2026 – Customer allegations include Breach of Fiduciary Duty; Aiding and Abetting; Negligent Misrepresentation; Failure to Supervise; Violation of Georgia Statues. Date of activities 2022 – 2023. Damage amount requested was $1,735,000.00.
• July 2025 – Customer alleging Breach of Fiduciary Duty; Aiding and Abetting; Negligence (Failure to Supervise). Violations of Georgia State Laws. Beginning in early 2020 through 2024.
• May 2025 – Voluntary resignation after allegations that at the time of Mr. Roemmich’s resignation he was the subject of a written customer complaint alleging that he had made unsuitable recommendations and the subject of a customer initiated civil suit alleging, among other things, that Mr. Roemmich had committed fraud, securities fraud, and had breached his fiduciary duties.
• May 2025 – Customer alleges aiding and abetting securities fraud, fraud, unjust enrichment, breach of fiduciary duty. July 2020 – September 2021. Damage amount requested was $7,500,000.00.
• January 2025 – Customer allegations include suitability, and false and/or materially misleading statements. Damage amount requested was $1,200,00.00.
• February 2024 – Customer allegations of suitability. Damage amount requested was $73,300.00.
• September 2019 – Judgment/Lien amount $107,932.14
• August 2013 – Customer allegations of suitability and misrepresentation relating to Tic investment. Damage amount requested was $436,052.12. Settlement amount was $227,500.00
• April 2006 – Voluntary resignation after allegations of review to determine if Mr. Roemmich was receiving incomes/fees from outside business activity.

For a copy of Roger Allan Roemmich’s FINRA Broker Check, click here

 

We Help Investors Recover Investment Losses

 

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

 

Reasonable basis suitability requires that a recommended investment or investment strategy be suitable or appropriate for at least some investors. Reasonable basis suitability requires an advisor to conduct adequate due diligence so that he or she can determine the risks and rewards of the investment or investment strategy.

 

Quantitative suitability requires a brokerage firm or financial advisor with actual or de facto control over a customer’s account to have a reasonable basis for believing that a series of recommended transactions – even if suitable when viewed in isolation – is not excessive and unsuitable for the customer when taken together in light of the customer’s investment profile. No single test defines excessive activity, but factors such as the turnover rate, the cost-equity ratio, and the use of in-and-out trading in a customer’s account may provide a basis for a finding that a member or associated person has violated the quantitative suitability obligation. Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

 

Pursuant to FINRA Rule 3270, outside business activities in which Financial Advisors become involved must be disclosed.  FINRA Rule 3280 prohibits Financial Advisors from engaging in Private Securities Transactions, which are securities transactions that take place away from the employing brokerage firm.  The purpose of these rules is to ensure that Financial Advisors do not engage in selling away.  The Financial Industry Regulatory Authority (FINRA) strictly prohibits financial advisors from “selling away” or selling securities and investments to clients that are not offered by the brokerage firm with which they are employed. For example, it is illegal and a violation of industry rules for a financial advisor to recommend or even suggest that a client invest in the financial advisor’s own business, or a business operated by his or her friends or family. It is not necessary that the financial advisor earn any compensation for recommending an outside investment.

 

The purpose behind this prohibition is to ensure that a financial advisor only offers to sell securities that have been vetted by his or her employer brokerage firm through a rigorous due diligence process. Most brokerage firms have an approved list of investments, products, and research that can be provided or made available to clients. Any deviation by the financial advisor from the approved product list may constitute selling away.

 

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies, and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at (855) 289-7868 or by email at mwolper@wolperlawfirm.com