Last Updated: September 2025 — Beachwood, Ohio
Here’s what you need to know about Beachwood, OH, former stockbroker Richard J. Webb:
- Name: Mr. Richard J. Webb
- CRD Number: 6712838
- Current Status: Not currently registered with FINRA; barred by FINRA
- Function: Stockbroker / Financial Advisor
- Primary Location: Beachwood, OH
- Prior Employer: Park Avenue Securities LLC (08/2019 – 02/2023)
- Other Business Affiliation: Guardian Life Insurance Company
- Employment Separation After Allegations: Permitted to resign
- Sanctioned by FINRA: Yes
- Can Richard Webb be sued in FINRA arbitration? Yes.
- Function: Stockbroker / Financial Advisor
If you’ve sustained damages from Mr. Webb, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Richard J. Webb As Your Stockbroker?
FINRA initiated action in August 2023 (FINRA Case No. 2022076653101) after Mr. Webb failed to respond to requests for information. He was suspended and later barred on November 20, 2023 when he did not seek termination of the suspension within three months, resulting in an automatic bar from associating with any FINRA member in any capacity.
Two customer insurance complaints tied to Park Avenue Securities / Guardian Life Insurance alleged forged or unauthorized e‑signatures on fixed life insurance applications:
- Complaint received 10/25/2022 — settled 2/14/2023 for $2,301
- Complaint received 1/8/2023 — settled 3/29/2023 for $4,735
Park Avenue Securities permitted Webb to resign on 1/16/2023 during an internal review into signature irregularities on fixed life insurance policy documents for two of his customers.
Allegations of Broker Misconduct Against Richard J. Webb
- Failure to cooperate with a FINRA investigation
- Forgery/unauthorized signatures on insurance documents
Investigations involving forgery by financial advisors
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Park Avenue Securities brokers
If you have suffered investment losses in an account handled by Richard J. Webb, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.