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James Koester Fined by State of North Carolina

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
January 28, 2026 at 2:24am

James Koester (CRD #: 4454750), a broker formerly registered with Capital Financial Services, was recently fined by the State of North Carolina, according to his BrokerCheck record, accessed on April 25, 2023. Read on if you have questions about his alleged conduct as a broker.

North Carolina Regulatory Action

On January 26, 2023, the State of North Carolina Department of the Secretary of State, Securities Division, alleged that James Koester failed to properly register as an investment advisor in the state.

James Koester agreed to pay a $4,000 fine.

FINRA Rule 2010

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

Background Information

James Koester has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

He previously worked for the following firms:

  • Capital Financial Services (CRD#:8408)     
  • Concorde Investment Services (CRD#:151604)
  • Sicor Securities (CRD#:16195)
  • Signator Investors (CRD#:468)
  • ABN AMRO Financial Services (CRD#:20373)
  • Northwestern Mutual Investment Services (CRD#:2881)
  • Robert W. Baird & Company (CRD#:8158)

Kurta Law Can Help

If you worked with James Koester 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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