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Investors Allege Jeffrey Bangerter Gave Unsuitable Investment Recommendations

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 10, 2025 at 6:58pm

Jeffrey Bangerter (CRD #: 1687028), a broker registered with Concorde Investment Services, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on August 2, 2025. Investors may have also engaged his services through Concorde Asset Management and Bangerter Financial Services. If you have questions about his alleged conduct as a broker, read on.

Investor Disputes

On April 15, 2025, an investor alleged that Jeffrey Bangerter made poor investment recommendations in 2019 and 2020. The client seeks $300,000 in this pending dispute.

A dispute filed on December 20, 2024, alleged that Jeffrey Bangerter recommended unsuitable investments in 2014. This dispute was settled for $85,000.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take investors’ profiles into account when recommending investments. These profiles contain information such as investors’ age, risk tolerance, tax status and financial goals.

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

Jeffrey Bangerter has passed the following exams:

  • General Securities Principal Examination – Series 24
  • Investment Company Products/Variable Contracts Principal Examination – Series 26
  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Investment Company Products/Variable Contracts Representative Examination – Series 6
  • Uniform Investment Adviser Law Examination – Series 65
  • Uniform Securities Agent State Law Examination – Series 63

Jeffrey Bangerter is a registered broker in 42 states and a registered investment adviser in ten states.

He has also worked for the following firms:

  • Berthel, Fisher & Company Financial Services (CRD#:13609)
  • DFPG Investments (CRD#:155576)
  • Global Financial Private Capital (CRD#:132070)
  • G.F. Investment Services (CRD#:132939)
  • Multi-Financial Securities Corporation (CRD#:10299)
  • Legacy Advisory Services (CRD#:111027)
  • Legacy Financial Services (CRD#:38697)
  • United Securities Alliance (CRD#:36487)
  • WMA Securities (CRD#:32625)
  • Security Distributors (CRD#:3336)

Kurta Law Can Help

If you worked with Jeffrey Bangerter 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. 

 

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