Richard S. FrankowskiRichard S. Frankowski


Richard S. Frankowski is the founder of The Frankowski Firm, and has represented hundreds of investors around the country in FINRA arbitrations and in civil litigation. His practice focuses on stock broker fraud, consumer class actions and direct and derivative shareholder litigation. Currently, Richard serves on the Board of Directors for the PIABA (Public Investors Arbitration Bar Association) Foundation, a 501(c)(3) public charity with a core mission of educating investors to prevent investment abuse and level the playing field for investors in FINRA arbitration.

Richard Frankowski is the co-author of two books on investing and securities arbitration. The Practitioner’s Guide to Securities Arbitration helps lawyers to identify, evaluate, and pursue legal claims brought by investors against securities brokerage firms. It is intended to serve as a nutshell for securities litigation practitioners. This book is also used as a textbook in law school securities clinics around the country. Mr. Frankowski also co-authored The Investors’ Guide to Protecting Your Financial Future. It is his hope that investors will use the book to help them avoid financial abuses before they occur. It should also help investors better understand the securities arbitration process once negligent or fraudulent conduct has already resulted in a financial loss.

Richard is also a founding member of Maycomb Wealth Advisors, a fixed fee Registered Investment Advisor based in Incline Village, Nevada.

Practice Areas

  • Securities arbitration
  • Investment fraud
  • Stockbroker negligence
  • Securities Fraud
  • Consumer class action
  • Shareholder litigation


  • JD, University of Alabama School of Law, 2000
  • MBA, University of Alabama Manderson Graduate School of Business, 2000
  • M.A. Georgetown University, School of Foreign Service, 1997
  • BA, Political Science, Georgetown University, 1993

Bar Admissions/Licenses

  • Alabama, 2001
  • Florida, 2006
  • Texas, 2018
  • Series 65 License

Professional Affiliations

  • American Association for Justice
  • Alabama Bar Association
  • American Bar Association
  • Florida Bar Association
  • Public Investors Arbitration Bar Association, Board of Directors, 2011-2014
  • PIABA Foundation, Board of Directors 2015 – Present
  • National Trial Lawyers
  • Alabama’s top 100 lawyers, 2012


  • AV Preeminent 5.0, Martindale-Hubble
  • Super Lawyers 2011 – 2016
  • AVVO, Superb Rating: 10/10
  • Eagle Scout


  • The PIABA Foundation, “Investors’ Guide to Protecting Your Financial Future”, 2016
  • American Bar Association, GPSolo Magazine, “The Practitioner’s Guide to Securities Arbitration,” 2013
  • American Bar Association, “FINRA Arbitration Eligibility: Victims of Bad Investments Are Running Out of Time to Recover Losses,” 2013
  • John A. Wiley and Sons, Interviewed for Investor’s Guide to Loss Recovery: Rights, Mediation, Arbitration and Other Strategies, 2011

Speaking engagements

  • PIABA Annual Meeting, “Arbitrator Due Diligence,” October 2016
  • National Investor Town Hall Meeting, “Investment Fraud and What to Do if You Are a Victim,” October 2016
  • PIABA Annual Meeting, “Using Morgan Keegan Bond Funds As A Model For Other Alternative Investment Cases,” 2011
  • PIABA Annual Conference, “Intake and Arbitrator Selection for New Practitioners,” 2010

Prior Work Experience

  • The Frankowski Firm, LLC, Founder, 2013 – Present
  • Burke, Harvey & Frankowski, Partner, 2007 – 2013
  • Whatley Drake & Kallas, Associate/Partner, 2001 – 2007