Kent Engelke: Capitol Securities Advisor Lands Suitability Complaint

Glen Allen, Virginia financial advisor Kent Engelke (CRD# 1421164) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Capitol Securities Management.

Mr. Engelke’s BrokerCheck report discloses one investor complaint. Filed in December 2025, it alleges that as a representative of Capitol Securities Management, he recommended unsuitable CD and corporate bond investments. The pending complaint alleges unspecified damages.

An earlier investor complaint, filed in 2020, alleged that as a Capitol Securities representative, he recommended unsuitable investments and over-concentrated the customer’s account in high-risk investments. The complaint reached a settlement of $168,000.

A third investor complaint, filed in 2016, alleged that as a Capitol Securities representative, he invested a trust’s account in investments “that were not in line with [its] objectives” and failed to appropriately advise the trustees on securities in the account. In 2018 the complaint reached a settlement of $375,000.

A fourth investor complaint, filed in 2001, alleged that as a representative of Anderson & Strudwick, he made unsuitable recommendations and took direction from an unauthorized third party. The complaint reached a settlement of $55,000.

According to the Financial Industry Regulatory Authority, Kent Engelke holds 40 years of securities industry experience. Based in Glen Allen, Virginia, he has been registered as a broker and an investment advisor with Capitol Securities Management since 2008. His registration history includes Davenport & Company, Anderson & Strudwick, A&S Capital Advisors, Sovran Investment Corporation, and Dominick & Dominick. His credentials include the passage of seven securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Municipal Securities Representative Examination, or Series 52TO; the Municipal Securities Principal Examination, or Series 53; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; and the General Securities Principal Examination, or Series 24. He holds 18 state licenses. (Information current as of January 24, 2026.)

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