Financial advisor Roger William Bowlin is currently facing a series of significant investor complaints involving the recommendation of complex real estate securities. According to public records, a surge of disputes was filed in late 2025, with alleged damages across five pending matters totaling more than $8,000,000.00. These claims, many of which involve retirees, allege that Roger Bowlin and his firms steered clients into illiquid investments that were unsuitable for their financial goals and risk tolerance.
If you or someone you know has suffered significant investment losses working with Roger William Bowlin or another brokerage firm, don’t hesitate to reach out to Meyer Wilson Werning today. Our attorneys are experienced in securities fraud cases and will help to guide you through the process with a free and confidential consultation to determine whether your losses are the result of actionable misconduct.
What Do the Roger William Bowlin Disclosures and BrokerCheck Show?
As of early 2026, the FINRA BrokerCheck report for Roger William Bowlin (CRD #1905652) reflects five pending customer dispute disclosures. These complaints specifically highlight allegations of unsuitable investment recommendations and account mismanagement related to real estate securities. The filings were submitted following his affiliation with Aurora Securities, Inc. and Secure Asset Management, L.L.C. (doing business as Real Estate Transition Solutions).
The specific pending matters include:
- November 24, 2025: A claimant alleges an unsuitable investment recommendation in a real estate security, requesting $1,000,000.00 in damages.
- November 17, 2025: A customer alleges that recommendations for real estate securities were not suitable, with alleged damages of $600,000.00.
- October 30, 2025: FINRA Arbitration No. 25-02197 was filed alleging unsuitable recommendations and requesting $475,000.00 in compensation.
- October 6, 2025: FINRA Arbitration No. 25-02090 (originally filed September 30, 2025) involves allegations of unsuitable investments with a damage request of $1,000,000.00.
- September 15, 2025: FINRA Arbitration No. 25-01863 (filed September 5, 2025) alleges account mismanagement in connection with real estate securities, seeking a recovery of $5,000,000.00.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
The Inherent Risks of Illiquid Real Estate Securities
The investments at the center of these disputes, such as Delaware Statutory Trusts (DSTs) and non-traded Real Estate Investment Trusts (REITs), are known for being highly complex and illiquid. Unlike stocks traded on a public exchange, these products often lack a secondary market, meaning investors may be unable to sell their shares or access their principal for years. Some of the specific products mentioned in reports tied to these allegations include Inspired Senior Living DARTMOUTH, Hayworth Tanglewood, and Congressional Village DST.
These real estate products can also carry high fees and commissions, sometimes totaling 15% to 20% of the investor’s funds, which significantly increases the difficulty of remaining profitable. For many investors, particularly those in or near retirement, being steered into these concentrated, high-commission investments can lead to a total loss of life savings. This loss of control is often compared to being a passenger on a bus that turns into a construction zone without the passenger’s consent.
Regulatory Oversight: FINRA Rules and Regulation Best Interest
Brokers and brokerage firms are required to follow strict standards when making investment recommendations to retail customers. In arbitration, these rules are used to evaluate whether the conduct alleged in a claim, such as the matters involving CRD #1905652, constitutes a violation of industry duties.
- FINRA Rule 2111 (Suitability): This rule requires brokers to have a reasonable basis to believe that a recommended transaction or strategy is suitable for the customer based on their age, financial situation, and risk tolerance.
- Regulation Best Interest (Reg BI): Effective June 30, 2020, this regulation requires broker-dealers to act in the best interest of the retail customer at the time a recommendation is made, prioritizing the client’s interests over their own financial incentives.
- FINRA Rule 3110 (Supervision): Brokerage firms have a duty to maintain a supervisory system that monitors for risky concentrations and ensures advisors are complying with securities laws.
Our lawyers are nationwide leaders in investment fraud cases.
Roger Bowlin’s Professional Background and Firm Affiliations
Roger William Bowlin has worked in the securities industry since 1988 and has been registered with 12 different firms over his career. He joined Aurora Securities, Inc. on April 30, 2021, and Secure Asset Management, L.L.C. on June 4, 2021, with roles based in Kirkland, Washington. His prior registrations include Concorde Investment Services, LLC from 2016 to 2021 and Independent Financial Group, LLC from 2008 to 2016.
In addition to his roles as a broker and advisor, Roger Bowlin reports several outside business activities, including ownership in Real Estate Transition Solutions, LLC and R.W. Bowlin Investment Solutions, Inc.. While he and his firms generally deny allegations of sales practice violations, the concentration of multi-million dollar pending claims highlights a pattern of concerns regarding the suitability of the real estate strategies offered to his clients.
We Are The firm other lawyers
call for support.
How Meyer Wilson Werning Supports Investors Facing Roger Bowlin Claims
Investor harm often begins with a gap between an investor’s actual risk tolerance and the aggressive, illiquid products recommended by their advisor. With more than 26 years in practice and over $350 million recovered for clients, Meyer Wilson Werning provides the experienced counsel needed to pursue recovery through arbitration. We represent investors nationwide who have been harmed by unsuitable recommendations and failures in firm supervision.
If you have experienced losses involving Roger William Bowlin, contact us today for a free and confidential consultation.
Frequently Asked Questions
What do the Roger William Bowlin regulatory entries on FINRA BrokerCheck show?
The public file for Roger Bowlin reportedly shows five customer dispute matters, all filed in 2025 and currently pending. These disputes involve allegations of unsuitable recommendations in real estate securities and account mismanagement, with requested damages ranging from $475,000.00 to $5,000,000.00.
How do FINRA Rule 2111 and Rule 2010 relate to these recommendations?
FINRA Rule 2111 mandates that a broker must believe a recommendation fits the client’s financial goals and risk profile. FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just principles of trade. Allegations of steering retirees into high-risk, illiquid products like DSTs are often cited as violations of these standards.
What background does the Roger Bowlin BrokerCheck file include about exams and firm affiliations?
Roger Bowlin is currently registered with Aurora Securities, Inc. and Secure Asset Management, L.L.C.. He has passed several industry exams, including the Series 7, Series 22, Series 65, and Series 63. His career includes a long history with firms such as Concorde Investment Services and Independent Financial Group.
How can I pursue recovery for losses tied to Roger William Bowlin disclosures?
Investors can seek recovery through arbitration, a process specifically designed to resolve disputes between investors and brokerage firms. This involves gathering account statements, trade confirmations, and communications to prove that the recommendations were unsuitable or mismanaged.
Recovering Losses Caused by Investment Misconduct.
