Last Updated: May 2025 — Naples, FL
Here’s what you need to know about Naples, FL, stockbroker Cain Benjamin Kobert:
- Name: Mr. Cain Benjamin Kobert
- Current Employers:
- LPL Financial LLC
- IHT Wealth Management LLC
- DBA: Rocky Mountain Wealth Management
- Prior Employers:
- Independent Financial Partners
- Western Wealth Management LLC
- Piper Jaffray & Co.
- Dean Witter Reynolds Inc.
- PaineWebber Incorporated
- Function: Stockbroker / Financial Advisor
- Primary Location: Naples, FL
- Alias: Cain Benjamin Robert
- CRD Number: 2673742
- Can Cain Benjamin Kobert be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulator: Yes
- Pending Customer Dispute Seeks Damages: Damage amount not yet specified
If you’ve sustained damages from Mr. Kobert, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Cain Benjamin Kobert As Your Stockbroker?
Cain Benjamin Kobert faced regulatory action from the Florida Office of Financial Regulation (OFR) for providing investment advice from a location in Florida without being properly registered, in violation of Section 517.12(4) of the Florida Statutes. A Final Order was entered on August 19, 2024, with Kobert agreeing to a $30,000 administrative fine and a Cease and Desist Order (Case No. 117887-SR).
In 3/2024 a customer of LPL Financial filed a FINRA arbitration alleging that an investment in a real estate security, made in 2014, was unsuitable for the customer’s investment objectives and risk tolerance. A damage amount is not currently stated.
See this for more information on REITs and Other Alternative Investments
Allegations of Broker Misconduct Against Cain Benjamin Kobert
Customers of Cain Benjamin Kobert and regulatory authorities have alleged the following misconduct:
- Rendering investment advice without proper state registration
- Unsuitable investment recommendations
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090) Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
FINRA Rule 2111- suitability -Regulation Best Interest
The Financial Industry Regulatory Authority (FINRA) licenses and regulates stockbrokers and brokerage firms, requiring disclosure of customer complaints, disputes, and regulatory sanctions, along with financial matters like bankruptcies or judgments.
Recover Your Investment Losses Now With Rex Securities Law
LPL Financial Lawsuits, Arbitrations and Customer Complaints and Disputes
If you have suffered investment losses in an account handled by Cain Benjamin Kobert, 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.