Jennifer Marcontell: 188K Complaint Against Mont Belvieu Advisor

A recent investor complaint against Ameriprise Financial Services advisor Jennifer Marcontell (CRD# 4008873) alleges her conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that she is a broker and an investment advisor based in Mont Belvieu, Texas. She is also known as Jennifer White.

Ms. Marcontell’s BrokerCheck report discloses one investor complaint. Filed in June 2022, it alleges that as a representative of Ameriprise Financial Services, she “failed to follow instructions to invest funds in money market and instead invested in growth funds which has resulted in losses.” The pending complaint alleges damages of $188,255.04.

According to the Financial Industry Regulatory Authority, Jennifer Marcontell holds 22 years of securities industry experience. Based in Mont Belvieu, Texas, she has been a broker and an investment advisor with Ameriprise Financial Services since July 2022. She was previously registered with Edward Jones in Baytown, Texas from 1999 until July 2022. Also known as Jennifer White, her credentials include the passage of three securities industry qualifying examinations: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. Her other business activities include the ownership of a business called G&G Marco LLC in Beach City, Texas; her membership on the Lee College Foundation Board of Directors; and her work as the president of Crowsfoot, LLC, a farm and ranch. Her profile on Ameriprise’s website notes that she is also an Accredited Asset Management Specialist, a Chartered Financial Consultant, a Certified Financial Planner, an Accredited Portfolio Management Advisor, and a Chartered Retirement Planning Counselor. She holds 34 state licenses. (Information current as of September 26, 2022.)

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