Jason Turner Subject of a Suitability Dispute

Jason Turner (CRD #: 4722729), a broker registered with Ameriprise Financial Services, is the subject of an investor dispute, according to his BrokerCheck record, accessed on August 30, 2023. Details regarding this dispute are provided below. 

On June 6, 2023, an investor alleged Jason Turner recommended an unsuitable investment. The investor further alleged negligent misrepresentation and a violation of industry rules, as well as a breach of contract and a failure to supervise. 

FINRA Rule 3110

FINRA Rule 3110 requires that firms establish systems of supervision to maintain their compliance with securities regulations. This includes appointing supervisors and providing them with Written Supervisory Procedures (WSPs).

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 their losses by pursuing FINRA arbitration.

What is Broker Negligence? 

Negligence covers a variety of broker misconduct, including a failure to conduct due diligence. 

Background Information 

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

Jason Turner is a registered broker in Florida, New Mexico, and Texas. He is a registered investment adviser in Texas. 

He has registered with the following firms: 

• Ameriprise Financial Services (CRD #: 6363) 
• Investment Professionals (CRD #: 30184) 
• Newbridge Financial Services Group (CRD #: 130814) 
• Newbridge Securities Corporation (CRD #: 10465) 
• Edward Jones (CRD #: 250) 

Kurta Law Can Help

If you worked with Jason Turner 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 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.