Ed Turley: Ex-JP Morgan Advisor Has Faced 7-Figure Complaints

Former San Francisco financial advisor Ed Turley (CRD# 1872294) has received multiple investor complaints alleging that he made unsuitable investment recommendations. Financial Industry Regulatory Authority records show that the former JP Morgan Securities broker has been barred from acting as a broker or otherwise associating with a broker-dealer firm.

Mr. Turley’s BrokerCheck report discloses more than a dozen investor complaints. The most recent, filed in May 2026, alleges that as a representative of JP Morgan Securities, he used discretion and made unsuitable trades. The pending complaint alleges unspecified damages.

A second investor complaint, filed in April 2026, similarly alleges that as a representative of JP Morgan Securities, he used discretion and made unsuitable trades. The pending complaint also alleges unspecified damages.

A third investor complaint, filed in 2024, alleged that as a representative of JP Morgan Securities, he made unsuitable transactions and exercised discretion. The complaint reached a settlement of $1 million.

A fourth investor complaint, filed in 2023, alleged that as a representative of JP Morgan Securities, he recommended unsuitable ETF and other investments. The complaint reached a settlement of $1.5 million.

A fifth investor complaint, filed in 2022, alleged that as a representative of JP Morgan Securities, he made unsuitable transactions and made discretionary trades. The complaint reached a settlement of $5 million.

A sixth investor complaint, filed in 2022, alleged that as a representative of JP Morgan Securities, he misrepresented material facts, recommended unsuitable investments, and exercised discretion. In 2023 the complaint reached a settlement of $5 million.

A seventh investor complaint, filed in 2022, similarly alleged that as a JP Morgan Securities representative, he made unsuitable trades and improperly exercised discretion. In 2022 the complaint reached a settlement of $12 million.

According to the Financial Industry Regulatory Authority, Ed Turley holds 28 years of securities industry experience. Most recently based in San Francisco, he was last registered as a broker with JP Morgan Securities from 2009 until 2021. His registration history includes Lehman Brothers, CS First Boston Corporation, and Morgan Stanley & Company. His credentials include the passage of six securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the General Securities Representative Examination, or Series 7; and the National Commodity Futures Examination, or Series 3. He has been barred from acting as a broker or otherwise associating with a broker-dealer firm. (Information current as of June 4, 2026.)

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