Jared Skemp: Key Advisor Lands Annuity Complaint

Warren, Pennsylvania financial advisor Jared Skemp (CRD# 4203805) recently received an investor complaint alleging that he misrepresented annuity investments. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Key Investment Services, having previously been registered with LPL Financial.

Mr. Skemp’s BrokerCheck report discloses one investor complaint. Filed in August 2024, it alleges that as a representative of Key Investment Services, he misrepresented investments in an Allianz Index Advantage Income variable annuity and a Protective Income Builder indexed annuity. The pending complaint alleges unspecified damages.

Key Investment Services’ website includes a page describing the firm’s services and approach to working with its clients. “Key Investment Services works with you to create a comprehensive plan tailored to your needs and interests, and we’ll use it to track your progress and adjust your strategies to help you reach your goals,” it explains, elaborating elsewhere on the approach provided by its Key Private Client office. “Key Private Clients enjoy our best banking experience, receive a personalized wealth analysis, plus insights and advice from the Chief Investment Office of Key Wealth Management.”

According to the Financial Industry Regulatory Authority, Jared Skemp holds 23 years of securities industry experience. Based in Warren, Pennsylvania, he has been registered as a broker and an investment advisor with Key Investment Services since 2016. His past registrations include LPL Financial (2009-2016), NatCity Investments (2004-2009), Princor Financial Services Corporation (2003-2004), Veravest Investments (2001-2003), and First Montauk Securities (2000-2001). His credentials include he passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Connecticut, Delaware, Florida, Georgia, Iowa, New York, New York, Ohio, Pennsylvania, South Carolina, Texas, and Washington. (Information current as of September 22, 2024.)

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