Jayson Decandia is the Subject of a Variable Annuity Dispute
Jayson Decandia (CRD #: 5090632), a broker registered with MML Investors Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on March 25, 2024. Keep reading if you have questions regarding his alleged conduct.
Investor Allegations
On December 19, 2023, an investor alleged that Jayson Decandia told her she would earn a 5% return on a variable annuity and that the money would be invested conservatively. The investor alleges, however, that her account has lost $100,000.
What is a Variable Annuity?
Variable annuities are complex investments. They are insurance products that come with an investment component. The associated fees, surrender charges, and potential tax liability can negate any supposed benefits they offer. Furthermore, the risk associated with this type of illiquid investment makes it unsuitable for many investors.
Background Information
Jayson Decandia has passed the following exams:
- Series 66 Uniform Combined State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 24 General Securities Representative Examination
He is a registered broker in 13 states, New Jersey, and Texas.
During his 17 years of experience, he has registered with six firms:
- MML Investors (CRD #: 10409)
- MSI Financial Services (CRD #: 14251)
- New England Securities (CRD #: 615)
- Walnut Street Securities (CRD #: 15840)
- Metropolitan Life Insurance Company (CRD #: 4095)
- Tower Square Securities (CRD #: 833)
Kurta Law Can Help
If you have worked with Jayson Decandia and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.