Last Updated: February 2025 (Honolulu, HI)
National securities fraud lawyers at Patil Law P.C. are investigating current Raymond James & Associates, Inc. financial advisor Karen Kikue Yoshimura Yasukawa (CRD #1540654) regarding allegations of mishandling client funds in variable annuity accounts. The investigation stems from a recent customer complaint alleging substantial losses of nearly $200,000.
Critical Insights About Honolulu Financial Advisor Karen Yasukawa
- Advisor Name: Karen K. Yasukawa
- CRD: 1540654
- Current Location: Honolulu, HI
- Current Employer: Raymond James & Associates, Inc.
- Classification: Registered Representative & Investment Adviser Representative
- Can Karen Yasukawa be sued in FINRA arbitration: Yes
- Customer Disputes: Two disclosed complaints
- Current Registrations: Licensed in 7 states
- Years of Experience: Since 1986
- Previous Employers: UBS Financial Services Inc. (2007-2017), Citigroup Global Markets Inc. (1996-2007)
- Professional Qualifications: Series 6, 7, 26, 63, and 65 licenses
- Business Name: Raymond James & Associates
- Current Status: Active with Raymond James & Associates
Details Of Current Investigation
A customer complaint filed in December 2024 alleges:
- Missing funds from variable annuity accounts
- Damages alleged: $196,838.45
- Matter currently under firm review
- Serious concerns about account management
- Potential violations of industry regulations
Analysis Of Alleged Misconduct
The allegations raise significant concerns about:
- Account supervision
- Variable annuity handling
- Client fund protection
- Documentation procedures
- Compliance with firm policies
- Fiduciary responsibility
- Client account oversight
Regulatory Framework And Investor Protection
SEC Regulation Best Interest requires:
- Proper handling of client funds
- Accurate account documentation
- Clear client communication
- Protection of investor interests
- Compliance with firm procedures
FINRA Rules And Their Significance
FINRA Rule 2010 mandates:
- High standards of commercial honor
- Ethical business practices
- Proper account management
- Accurate recordkeeping
- Client fund protection
Professional Background
Ms. Yasukawa’s career includes:
- Entry into securities industry in 1986
- Ten-year tenure at Citigroup Global Markets
- Ten years at UBS Financial Services
- Current position at Raymond James since 2017
- Investment adviser registration
- Multiple state licenses
Red Flags For Investors
- Recent variable annuity complaint
- Substantial alleged damages
- History of customer disputes
- Multiple firm transitions
- Account management concerns
- Documentation issues
- Client fund discrepancies
Implications For Current And Former Clients
Current and former clients should:
- Review all account statements
- Verify annuity transactions
- Examine account documentation
- Monitor account activity
- Document all communications
- Check investment allocations
- Consider independent review
Patil Law P.C. Will Help You Recover Your Investment Losses
If you have concerns about your accounts handled by Ms. Yasukawa, particularly regarding variable annuities or missing funds, please contact Attorney Patil online or call (800) 950-6553 for a free initial consultation. Our securities fraud attorneys work on a contingency fee basis, meaning we only get paid if we help you recover money.
