Mitchell Jacobs Allegedly Failed to Liquidate Bonds

Mitchell Jacobs (CRD #: 2634912), a broker registered with Ameriprise Financial Services, is the subject of an investor dispute, according to his BrokerCheck record, accessed on September 13, 2023. Keep reading if you have questions about his alleged conduct. 

On August 8, 2023, an investor alleged that Mitchell Jacobs failed to liquidate bonds and purchase Certificates of Deposit per the client’s request in April of 2023. The investor is seeking $222,438.62. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to fulfill a client’s requests may violate this rule. 

Background Information 

Mitchell Jacobs 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 52 Municipal Securities Representative Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination
• Series 10 General Securities Sales Supervisor General Module Examination 
• Series 8 General Securities Sales Supervisor Examination (Options Module & General Module) 

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

Mitchell Jacobs is a registered broker with the following firms: 

• Ameriprise Financial Services (CRD #: 6363) 
• Ameriprise Advisor Services (CRD #: 5979) 
• RSM McGladrey (CRD #: 111221) 

Kurta Law Can Help

If you worked with Mitchell Jacobs 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.