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James MacKellar Subject of Pending Dispute

James MacKellar (CRD #: 803007), a broker registered with SagePoint Financial, is involved in a pending dispute, according to his BrokerCheck record, accessed on November 16, 2022. Investors may have also worked with him through Financial Pointe. If you want to know more about his conduct as a broker, read on.

Investor Dispute

On August 22, 2022, an investor alleged that James MacKellar gave legal advice to the client’s trust regarding certain investment advisory accounts and that James MacKellar’s spouse was improperly named executor and a beneficiary of the client’s trust and estate. James MacKellar and his spouse are allegedly also long-term personal friends of the client.

This dispute is currently pending.

FINRA Rule 2010

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

Background Information

James MacKellar has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 1 – Registered Representative Examination
  • Series 26 – Investment Company Products/Variable Contracts Principal Examination

James MacKellar is a registered broker in California, Illinois, Nevada, Texas, and Virginia. He is also a registered investment adviser in California.

He has also worked for the following firms:

  • American General Securities (CRD#:13626)
  • USLife Equity Sales Corporation (CRD#:7962)
  • Metropolitan Life Insurance Company (CRD#:4095)

Kurta Law Can Help

If you worked with James MacKellar 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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