Joe Doggett Allegedly Recommended Unsuitable Investments to an Elderly Client

Joe Doggett (CRD #: 1033987), a broker registered with Money Concepts Capital Corp., is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on November 30, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On August 4, 2025, representatives of a deceased customer alleged that Joe Doggett engaged in negligent misrepresentation and elder abuse. They further alleged that he had recommended unsuitable, illiquid investments.

On August 12, 2019, an investor alleged that Joe Doggett submitted paperwork to a sponsor that did not include a supplemental rider. The dispute was settled for $75,000.

There are five other investor disputes on his record.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Elder financial abuse violates this rule.

Unsuitable Illiquid Investments

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Brokers must also consider the investment time horizon and the investor’s liquidity needs – illiquid, long-term investments often do not suit a client’s best interests. 

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information

Joe Doggett 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 7 General Securities Representative Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination

He is a registered broker in ten states and is a registered investment adviser in Indiana and Kentucky.

Joe Doggett has registered with six firms:

• Money Concepts Capital Corp (CRD #: 12963)
• Grove Point Investments (CRD #: 1763)
• JCD Investments (CRD #: 111620)
• Woodbury Financial Services (CRD #: 421)
• AXA Advisors (CRD #: 6627)
• The Equitable Life Assurance Society of the United States (CRD #: 4039)

Kurta Law Can Help

If you worked with Joe Doggett 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.