Jeff Jin: $500K-$1mm Complaint Against The Woodlands Advisor

A recent investor complaint against Merrill Lynch financial advisor Jeff Jin (CRD# 4292519) alleges he recommended unsuitable investments that resulted in damages as high as $1 million. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in The Woodlands, Texas. 

Mr. Jin’s BrokerCheck report discloses two investor complaints. The most recent, filed in August 2022, the complaint alleges that as a representative of Cetera Investment Services, he over-concentrated the claimant’s account in unsuitable investments and misrepresented the products’ risks and liquidity. The pending complaint alleges damages between $500,000 and $1,000,000.

A second investor complaint, filed in February 2021, alleged that as a Cetera Investment Services representative, he recommended an unsuitable real estate investment trust. In April 2022 the complaint reached a settlement of $85,000.

According to the Financial Industry Regulatory Authority, Jeff Jin holds 21 years of securities industry experience. Based in The Woodlands, Texas, he has been a broker and an investment advisor with Merrill Lynch since 2019. His past registrations include CeteraInvestment Services )Temple City, California; 2013-2019), LPL Financial (Milpitas, California; 2011-2013), UVest Financial Services Group (Cupertino, California; 2007-2011), TD Ameritrade (San Rafael, California; 2005-2007), UCB Investment Services (Monterey Park, California; 2004-2005), Fiserv Investor Services (Houston, Texas; 2004), WM Financial Services (Irvine, California; 2003-2004), Primevest Financial Services (St. Cloud, Minnesota; 2002), and Morgan Stanley DW (Purchase, New York; 2001-2002). His credentials include the passage of six securities industry qualifying exams: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Texas. (Information current as of September 20, 2022.)

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