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James Vanmeter Allegedly Gave Unsuitable Investment Recommendations

James Vanmeter (CRD #: 4557517), a broker registered with Center Street Securities, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on August 28, 2022. Read on if you have questions about his conduct as a broker.

Investor Dispute

On June 29, 2022, an investor alleged that James Vanmeter made unsuitable investment recommendations starting in 2020. The client seeks $349,482.90 in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend investments that fit their investor’s financial goals. Brokers must consult the information contained in an investor’s profile, such as their age, tax status, and other investments.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

James Vanmeter has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • Series 65 – Uniform Investment Adviser Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination
  • Series 26 – Investment Company Products/Variable Contracts Principal Examination

James Vanmeter is a registered broker in five states and a registered investment adviser in California, Delaware, Nevada, and Washington.

He has also worked for the following firms:

  • Brookstone Capital Management (CRD#:141413)
  • Tahoe Financial Planning (CRD#:145782)
  • American General Securities (CRD#:13626)
  • PFS Investments (CRD#:10111)

Kurta Law Can Help

If you worked with James Vanmeter 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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