Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 7, 2018 indicate that Missouri-based Saxony Securities broker Christopher Jacob has received several customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Jacob (CRD# 1501352).
Christopher Jacob has spent 31 years in the securities industry and has been registered with Saxony Securities in Chesterfield, Missouri since January 2018. Previous registrations include Madison Avenue Securities in Chesterfield, Missouri (2016-2017); Transamerica Financial Advisors in Town & Country, Missouri (2009-2016); Transamerica Financial Advisors in St. Louis, Missouri (2001-2009); First Heartland Capital in Lake St. Louis, Missouri (1997-2001); Transamerica Financial Resources in Los Angeles, California (1986-1997); and Transamerica Securities Sales Corporation in Los Angeles, California (1987-1995). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 29, 1986; Series 7 (General Securities Representative Examination), which he obtained on December 13, 1994; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on June 6, 1986. He is a registered broker with 12 US states and territories: Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Missouri, New York, South Carolina, and Washington.
According to his BrokerCheck report, he has received two customer complaints and one regulatory sanction.
In 2017 a customer alleged Christopher Jacob, while employed at Transamerica Financial Advisors, recommended unsuitable variable annuity purchases. The complaint settled for $62,500.
In 2004 a customer alleged Christopher Jacob, while employed at First Heartland Capital, made unsuitable investment recommendations. The complaint settled for $150,000.
In 2004 the Missouri Commissioner of Securities sanctioned him following allegations of unsuitability in connection to annuity switches. He was issued a fine of $6,000 and placed on a heightened supervision plan for 12 months.
If you or someone you know has lost money investing with Christopher Jacob, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.