Brandon Jochim Allegedly Recommended Unsuitable Investments

Brandon Jochim (CRD #: 4478208), a broker registered with Ameriprise Financial Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 24, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On March 18, 2024, an investor alleged that Brandon Jochim neglected to monitor their account and provided unsuitable recommendations. The dispute investor sought $250,000, but the dispute was denied. Investors should know, however, that firms can deny disputes without any external review. Investors can still recover their losses following a denial. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Brandon Jochim has passed the following exams: 

• Series 66 – Uniform Combined State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 

He is a registered broker in 28 states and D.C. He is also a registered investment adviser in Texas. 

During his 22 years of experience, he has registered with two firms: 

• Ameriprise Financial Services (CRD #: 6363) 
• IDS Life Insurance Company (CRD #: 6321) 

Kurta Law Can Help 

If you have worked with Brandon Jochim and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.