Last Updated: September 2025 — El Paso, TX
Here’s what you need to know about El Paso, TX stockbroker Bob Sweet:
- Name: Robert Harold Sweet (also listed as Robert H. Sweet).
- Current Employer: Independent Financial Group, LLC (FINRA CRD #7717). Branch: 5675 Woodrow Bean, Suite 13, El Paso, TX 79924. Registered with IFG as a broker since 02/22/2016 and as an investment adviser representative since 03/23/2016.
- Prior Firms: LPL Financial LLC (12/2010–01/2016); Raymond James Financial Services Advisors, Inc. (03/2009–12/2010); Raymond James Financial Services, Inc. (02/2009–12/2010); CUNA Brokerage Services, Inc. (06/2001–02/2009); NYLIFE Securities Inc. (08/2000–07/2001); Waddell & Reed, Inc. (05/2000–07/2000); MetLife Securities Inc. (12/1999–04/2000); Metropolitan Life Insurance Company (12/1999–04/2000).
- Other Business Affiliations:
- Freedom Insurance Services — Agent/Representative (insurance products), El Paso, TX (since 08/27/2015).
- Freedom Tax Services — Independent Contractor (tax preparation), El Paso, TX (since 02/05/2014).
- Freedom Notary Services — Independent Contractor (notary services), El Paso, TX (since 10/01/2020).
- CRD number: 4090608.
- Stockbroker / Financial Advisor. Yes — FINRA General Securities Representative; also passed SIE (10/01/2018), Series 7 (11/27/2000), Series 6 (12/20/1999), Series 65 (06/01/2000), and Series 63 (12/27/1999); currently registered with 1 SRO and licensed in 13 U.S. states/territories.
- Can Broker be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: Yes
- Discharged by a Prior Employer: Yes
- Current Customer Dispute Seeks Total Damages of: $100,000.
If you’ve sustained damages from Mr. Sweet, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Bob Sweet as Your Stockbroker?
FINRA Arbitration Filed August 2025 — Case No. 25-01732 filed 08/19/2025: Claimants allege violation of SEC Regulation Best Interest (Reg BI) related to recommendations to invest in non-traded REITs while at Raymond James Financial Services and LPL Financial LLC. Claimed damages: $100,000. Arbitration is pending before FINRA.
Discharged by LPL Financial in 12/2015 for violation of firm’s signature policy.
Regulatory Background
North Dakota (1997) — Indefinite suspension of insurance authority for failure to renew license/CE; resolved by consent (01/13/1997).
Minnesota (1997) — Two-week insurance suspension for disclosure/number omissions on sales materials; resolved by consent (suspension began 09/15/1997).
Allegations of Broker Misconduct Against Robert Harold Sweet
- Unsuitability — recommending non-traded REITs or other investments inconsistent with a client’s objectives and risk tolerance may violate FINRA Rule 2111 (Suitability); for retail customers since June 30, 2020, recommendations are evaluated under SEC Regulation Best Interest (Exchange Act Rule 15l-1).
See this for more information on REITs and Other Alternative Investments
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
Investigations of Newbridge Securities brokers
If you have suffered investment losses in an account handled by Bob Sweet, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Firms We Have Pursued On Behalf of Our Clients
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.