Brian Jensen Nelson (CRD #5065593) Has Customer Dispute and Judgment/Lien Disclosures on FINRA BrokerCheck

Brian Jensen Nelson (CRD #5065593) is a broker with customer dispute and judgment/lien disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 10, 2026. It reflects 16 customer dispute disclosures and 5 judgment/lien disclosures. If you invested with Brian Jensen Nelson and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Brian Jensen Nelson’s FINRA BrokerCheck report reflects 16 customer dispute disclosures. Summaries of two disputes are below. FINRA BrokerCheck lists 14 additional customer dispute disclosures.

On January 27, 2026, a customer alleged violations of federal and California securities laws, unfair and fraudulent business practices, breach of contract, common law fraud, breach of fiduciary duty, and negligence tied to a real estate security. Brian Jensen Nelson’s FINRA BrokerCheck report states the investment was purchased in 2021. The claim is pending in FINRA arbitration. BrokerCheck states the statement of claim does not specify a damages amount.

A second pending customer dispute was served on January 13, 2026. The customer alleged breach of fiduciary duty, suitability issues, fraudulent misrepresentations and omissions, violations of FINRA Rule 2010, IM-2310-2, and Rule 2020, plus breach of contract, tied to a promissory note. Brian Jensen Nelson’s FINRA BrokerCheck report states the filing does not mention a specific damages amount.

Judgment / Lien

Brian Jensen Nelson’s FINRA BrokerCheck report reflects five judgment/lien disclosures. Summaries of two disclosures are below. FINRA BrokerCheck lists three additional judgment/lien disclosures.

On June 13, 2025, FINRA BrokerCheck reported a $255,000 civil judgment/lien with Peter Chui listed as the holder. Nelson’s BrokerCheck statement says another party failed to pay off a bridge lender assigned in the division of NBPRE assets. It also says he has a right to indemnity from the other party and that there were no current settlements or payment plans.

On April 22, 2025, FINRA BrokerCheck reported a $3,200,000 civil judgment/lien with Volcano listed as the holder. Nelson’s BrokerCheck statement says the judgment involved unsold equity property in the Pebble Beach, DST/College Yard, 1205 West DST.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for each recommendation and a match between the investment and the customer’s profile. Disputes involving real estate securities or promissory notes often raise suitability questions.

Rule Summary #2: FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices)

FINRA Rule 2020 bars using manipulative, deceptive, or other fraudulent devices to induce the purchase or sale of a security. Customer claims that involve misstatements or omissions often implicate this rule.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on his FINRA BrokerCheck report, Brian Jensen Nelson:

Is currently registered with Emerson Equity LLC.

Has passed the Securities Industry Essentials (SIE) exam. Brian Jensen Nelson has also passed Series 7 and Series 63.

Was previously registered with firms that include Ari Financial Services, Inc. and White Pacific Securities, Inc.

Kurta Law Can Help

If you have worked with Brian Jensen Nelson and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | What is Securities Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.