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Investor Alleges Andrew Jesse Failed to Re-Allocate Funds

Andrew Jesse (CRD #: 6654709), a broker registered with Northwestern Mutual Investment Services, allegedly failed to follow a client’s investment instructions, according to his BrokerCheck record, accessed on May 5, 2023. Read on if you want to know more about his alleged conduct as a broker.

Investor Dispute

On February 17, 2023, an investor filed a dispute alleging that Andrew Jesse failed to transfer funds to a more conservative allocation, causing the value of the client’s account to drop. This dispute was denied by the firm.

Investors should be aware, however, that firms can deny a dispute without an external review. Investors may be able to recoup their losses by pursuing FINRA arbitration after a denial.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Andrew Jesse has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Andrew Jesse is a registered broker in 11 states.

Kurta Law Can Help

If you worked with Andrew Jesse and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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