Last Updated: May 2025 – Bountiful, UT
Here’s what you need to know about Bountiful, UT stockbroker Scott Broadbent:
- Name: Mr. Scott Mons Broadbent
- Current Employer: Not currently registered with FINRA
- Prior Employers: Raymond James Financial Services, Calton & Associates, Innovation Partners, World Group Securities, WMA Securities
- Function: Stockbroker / Financial Advisor
- Aliases: Scott Broadbent
- Primary Location: Bountiful, UT
- CRD Number: 3206871
- Can Scott Broadbent be sued in FINRA arbitration? Yes
- Pending Customer Dispute: Unspecified amount of damages at this time.
If you’ve sustained damages from Mr. Broadbent, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation..
Did You Lose Money With Scott Broadbent As Your Stockbroker?
A pending FINRA arbitration case was filed in May 2024 (Case No. 24-00965) in Arizona, involving allegations that Scott Broadbent, while affiliated with Calton & Associates, recommended a non-traded REIT that was unsuitable for the clients. The specific damages were are not yet disclosed and the action remains open as of the date of this report.
Non-traded REITs are illiquid and often unsuitable for investors without a clear understanding of the associated risks. Making an unsuitable recommendation of such a product may violate FINRA Rule 2111 (Suitability Rule), which mandates that brokers have a reasonable basis to believe their recommendations are suitable based on a customer’s investment profile.
See this for more information on REITs and Other Alternative Investments
Allegations of Broker Misconduct Against Scott Broadbent
Customers of Scott Broadbent have made the following allegations:
Unsuitable Investment Recommendation
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.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition, brokers are required to disclose certain financial matters such as personal bankruptcies, judgments, and liens.
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations of Raymond James Advisors
If you have suffered investment losses in an account handled by Scott Mons Broadbent, 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.