Investors may have suffered financial harm by securities broker Daniel Malcolm Makin [CRD: 4367894, Westerly, Rhode Island], given the disclosures on FINRA BrokerCheck. Makin worked for Raymond James Financial Services Inc. from March 21, 2001, to September 30, 2025. Investors should read below to review the disclosures reported on his record.
Raymond James Investor Accused Makin Of Excessive Charges
Specifically, a client filed a complaint about Daniel Makin. Mainly, the client alleged that Makin charged fees for services not received. For this reason, the client allegedly sustained damages. As a result, on May 13, 2026, Raymond James Financial Services Inc. settled this matter by compensating the client.
Daniel Makin Disclosed Omissions Allegations By Raymond James Financial Services Inc. Client
Additionally, a client of Raymond James Financial Services Inc. contested Makin’s sales practices, according to a complaint dated February 24, 2026. Allegedly, Makin failed to disclose important information about an annuity. It appears that Makin allegedly caused the client to sustain damages associated with variable annuities. Consequently, the client sought compensation of $50,000. However, the firm denied this complaint.
Raymond James Investor Accused Makin Of Failure To Follow Instructions
Also, on February 19, 2016, a Raymond James Financial Services Inc. client filed a complaint about Daniel Makin. Primarily, the client alleged that Makin failed to follow instructions concerning reducing market exposure. Because of this, the client allegedly sustained damages tied to mutual funds, variable annuities, exchange-traded funds, and collateralized mortgage obligations. Therefore, the client requested compensation exceeding $5,000. However, the firm denied this complaint.
Were You Impacted By Securities Broker / Financial Advisor Daniel Makin?
Are you worried about investments you made through Daniel Makin? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the US. Also, our securities lawyers work on a contingency fee basis and advance all costs. Makin and brokerage firms Makin worked for deny allegations of sales practice violations.
