Jameson Van Houten: $570K Complaint Against Ex-Crown Capital Advisor
Scottsdale financial advisor Jameson Van Houten (CRD# 2771800) recently received an investor complaint alleging more than $500,000 in damages relating to an alternative investment. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Crown Capital Securities broker is currently an investment advisor with Beacon Pointe Advisors.
Mr. Van Houten’s BrokerCheck report discloses two investor complaints. The most recent, filed in July 2022, alleges that as a representative of Crown Capital Securities, he made unsuitable investment recommendations involving oil and gas securities and direct investments, misrepresented material information, failed in his supervisory duties, and failed to perform sufficient due diligence. The pending complaint alleges damages of $570,000.
An earlier investor complaint, filed in 2009, alleged that as a representative of American General Securities, he recommended unsuitable variable annuity investments. The complaint alleged damages of $508,900 and was denied by the firm.
According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Jameson Van Houten holds 19 years of securities industry experience. Based in Scottsdale, Arizona, he has been an investment advisor with Beacon Pointe Partners since 2021. He was most recently registered as a broker with Crown Capital Securities in Scottsdale, from 2013 until 2021. His past registrations include The O.N. Equity Sales Company (Scottsdale, Arizona; 2010-2013), SagePoint Financial (Scottsdale, Arizona; 2008-2010), American General Securities (Phoenix, Arizona; 2004-2008), MetLife Securities (Springfield, Massachusetts; 2002-2004), and Metropolitan Life Insurance Company (New York, New York; 2002-2004). 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 as an investment advisor in Arizona. (Information current as of August 24, 2022.)
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