Jesus Quezada: $100K Complaint Against Ex-Crown Capital Advisor

Alhambra, California financial advisor Jesus Quezada (CRD# 5117930) allegedly recommended unsuitable alternative investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Alexander Capital.

Mr. Quezada’s BrokerCheck report discloses two investor complaints. The most recent, filed in August 2024, alleges that as a representative of Crown Capital Securities, he recommended unsuitable investments, misrepresented and omitted material facts in connection with alternative investments, and failed to supervise. The pending complaint alleges damages of $100,000.

An earlier investor complaint, filed in 2016, alleged that as a Regulus Advisors representative, he committed elder abuse in connection with a life insurance policy. The complaint reached a settlement of $36,000. In a statement included with the disclosure, he “adamantly” denied the allegations. “Only met and spoke with individual once,” he wrote. “Never proceeded to do any type of business/investment ever. Representative does not understand why he is even involved in this complaint.”

Alexander Capital’s website includes a page describing the firm’s background and mission. “Our firm is built on the principles of client needs and solutions and not product development and distribution,” it explains. “The large banks and brokerage firms build products that fill what consultants tell them clients need. We build what the client needs or go on a unbiased search process to deliver the best solution.”

According to the Financial Industry Regulatory Authority, Jesus Quezada holds 18 years of securities industry experience. Based in Alhambra, California, he has been registered as a broker and an investment advisor with Alexander Capital since 2023. His past registrations include Crown Capital Securities, Regulus Advisors, Centaurus Financial, Chase Investment Services, and Wamu Investments. His credentials include the passage of four securities industry qualifying exams: 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 Investment Adviser Law Examination, or Series 65. He is licensed in California and New York. (Information current as of October 6, 2024.)

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