Jacob McKissack: $220K Complaint Against Edward Jones Advisor

Mt. Juliet, Tennessee financial advisor Jacob McKissack (CRD# 6168732) recently received an investor complaint alleging that he stole funds from a client. Financial Industry Regulatory Authority records show that he is currently registered as a broker and an investment advisor with Edward Jones.

Mr. McKissack’s BrokerCheck report discloses one investor complaint. Filed in February 2024, it alleges that as a representative of Edward Jones, he stole a total of $220,000 from the customer’s account. The pending complaint alleges damages of $220,000.

Edward Jones’ website includes a profile of Mr. McKissack in which he describes his experience and approach. “My goal is to understand the individual personal values and financial goals of my clients and then use this understanding to build a customized strategy to help them achieve their goals,” he writes. “We use our established process to identify and track financial goals while working closely with clients’ accountants and attorneys to provide extensive guidance and advice.”

Investors should be aware that the misappropriation of customer funds may be considered a violation of FINRA Rule 2150, which stipulates brokers may not “make improper use of a customer’s securities or funds.” Such conduct may also violate FINRA Rule 2010, which states that brokers like Mr. McKissack must “observe high standards of commercial honor and just and equitable principles of trade” as they perform their business. Representatives who contravene these rules may be held liable for damages.

According to the Financial Industry Regulatory Authority, Jacob McKissack holds 10 years of securities industry experience. Based in Mt. Juliet, Tennessee, he has been a broker and an investment advisor registered with Edward Jones since 2013. His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Kentucky, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, North Carolina, Tennessee, and Texas. (Information current as of March 30, 2024.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.