Our firm is investigating Aurora Securities broker and investment adviser Roger William Bowlin (CRD# 1905652) of Kirkland, Washington for potential investment-related misconduct.
Financial Advisor’s Career History
According to publicly available FINRA BrokerCheck records, Roger William Bowlin has worked in the securities industry since 1988 and is currently registered as a General Securities Representative with Aurora Securities (CRD# 46147) and as an Investment Adviser Representative with Secure Asset Management, L.L.C. (CRD# 144046). Both firms list office locations at 650 NE Holladay Street, Suite 1600, Portland, Oregon, while Bowlin’s Form U4 employment history identifies his role with these firms as based in Kirkland, Washington.
Bowlin has been registered with Aurora Securities since April 30, 2021, and with Secure Asset Management, L.L.C. since June 4, 2021. Before joining these firms, he was associated with Concorde Asset Management, LLC and Concorde Investment Services, LLC from 2016 to 2021, Independent Financial Group, LLC from 2008 to 2016, ePlanning Securities, Inc. and ePlanning Advisors Inc. from 2007 to 2008, Pacific West Financial Consultant Inc. and Pacific West Securities, Inc. from 2000 to 2007, Pacific Harbor Securities, Inc. from 1994 to 2000, Investment Management & Research, Inc. from 1993 to 1994, Laney & Company from 1990 to 1992, and Halliday Capital Partners, Inc. from 1988 to 1989.
In addition to his brokerage and advisory roles, Bowlin reports multiple outside business activities, including ownership and involvement in real estate-related entities such as Real Estate Transition Solutions, LLC and various “Riverwalk” real estate rental properties, as well as a securities DBA, R.W. Bowlin Investment Solutions, Inc.
Roger William Bowlin Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck currently discloses two pending customer disputes involving Roger William Bowlin, both arising from investments in real estate securities and filed as FINRA arbitration claims against Aurora Securities. The complaints allege unsuitable recommendations, mismanagement of customer accounts, and substantial investment losses, with claimed damages ranging from $1,000,000 to $5,000,000.
While these matters are still pending and have not been adjudicated, they raise serious concerns about Bowlin’s recommendations and the handling of real estate securities within customer accounts. Investors should understand that these are allegations only and may ultimately be resolved in Bowlin’s favor, dismissed, or settled without any admission of wrongdoing.
Below is a summary of the pending disclosure events reported on BrokerCheck:
- Customer Dispute – FINRA Arbitration Docket No. 25-02090 (Filed September 30, 2025)
- Employing Firm at Time of Events: Aurora Securities.
- Product Type: Real estate security.
- Allegations: The claimant alleges that investments recommended by Bowlin were unsuitable.
- Alleged Damages: $1,000,000.
- Status/Disposition: Reported as a customer-initiated, investment-related FINRA arbitration; the complaint is pending with no settlement or award reported.
- Customer Dispute – FINRA Arbitration Docket No. 25-01863 (Filed September 5, 2025)
- Employing Firm at Time of Events: Aurora Securities.
- Product Type: Real estate security.
- Allegations: The claimant alleges mismanagement of their account(s) in connection with real estate securities.
- Alleged Damages: $5,000,000.
- Status/Disposition: Reported as a customer-initiated, investment-related FINRA arbitration; the complaint is pending with no settlement or award reported.
These pending disputes suggest that investors claim they suffered large losses in real estate securities due to allegedly unsuitable recommendations and account mismanagement. Both cases are in the early stages of the FINRA Dispute Resolution process, and no findings have been made regarding liability or damages.
To obtain a copy of Roger William Bowlin’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2111, commonly known as the Suitability Rule, requires brokers to have a reasonable basis to believe that any recommended investment or strategy is suitable for a customer based on that customer’s investment profile, including financial situation, risk tolerance, objectives, and time horizon. In the pending customer disputes against Roger William Bowlin, investors allege unsuitable recommendations in real estate securities and mismanagement of their accounts, with claimed damages reaching into the millions of dollars. If an arbitration panel ultimately finds that Bowlin recommended complex or illiquid real estate securities without adequately considering his customers’ profiles or the risks involved, the panel could determine that such conduct violated FINRA Rule 2111’s suitability obligations.
FINRA Rule 2010 requires associated persons to “observe high standards of commercial honor and just and equitable principles of trade.” This rule is broad and often cited when regulators or arbitration panels evaluate allegations of mismanagement, unfair dealing, or other misconduct in customer accounts. The claims that Bowlin mismanaged accounts and recommended unsuitable real estate securities could, if proven, support findings that he failed to meet the high standards imposed by Rule 2010—particularly if the panel concludes that material risks were not fully disclosed, or that customers were not treated fairly in connection with these transactions.
FINRA Rule 3110 governs supervision and requires member firms like Aurora Securities to establish and maintain a system reasonably designed to achieve compliance with securities laws and FINRA rules. Although Rule 3110 primarily addresses the firm’s responsibilities, it is highly relevant in cases involving large claimed losses in specific product types like real estate securities. If the pending arbitrations reveal patterns of unsuitable recommendations, inadequate review of real estate deals, or failure to address red flags in Bowlin’s business, the supervising firm may face claims that its supervisory system and procedures were deficient under Rule 3110. Those supervisory shortcomings, in turn, could strengthen investors’ ability to recover losses from both the broker and the firm.
The Law Offices of Robert Wayne Pearce, P.A. is a nationally recognized securities law firm representing investors in FINRA arbitration and securities fraud cases on a contingency fee basis. Robert Wayne Pearce, the founding attorney, has more than 45 years of experience recovering millions for victims of broker misconduct and investment fraud. He previously defended major brokerage firms and now uses that insight to protect investors nationwide. To discuss your case directly with Mr. Pearce, call (800) 732-2889 or email pearce@rwpearce.com for a free consultation.
