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Kimson Cao Facing Allegations of Conflicts of Interest

Kimson Cao (CRD #: 4357783), a broker registered with Edward Jones, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 26, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On May 15, 224, a guardian over the decedent’s account alleged that Kimson Cao had conflicts of interest. This pertained to a referral of the client to an estate attorney when the client was alleged to have a diminished capacity, which allegedly was done to secure Kimson Cao as a lifelong advisor over the investments. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Making recommendations due to a conflict of interest violates this rule. 

Background Information 

Kimson Cao has passed the following exams: 

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

He is a registered broker in 13 states and is a registered investment adviser in Texas. 

During his 20 years of experience, Kimson Cao has registered with four firms: 

  • Edward Jones (CRD #: 250) 
  • Jonathan Roberts Advisory Group (CRD #: 112294)
  • JW Cole Financial (CRD #: 124583) 
  • Linsco/Private Ledger Corp. (CRD #: 6413) 

Kurta Law Can Help 

If you have worked with Kimson Cao and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.

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