Jim Vukovich: PNC Advisor Faces $300K Complaint

A recent investor complaint against Grand Terrace, California financial advisor Jim Vukovich (CRD# 4842997) alleges that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with PNC Investments.

Mr. Vukovich’s BrokerCheck report discloses one investor complaint. Filed in July 2024, it alleges that as a representative of PNC Investments, he failed to disclose the features and risks associated with an investment in market-linked certificates of deposit. The pending complaint alleges damages of $300,000.

Investors should be aware that under FINRA Rule 2111, financial advisors can only recommend investments that are in keeping with a customer’s background and objectives. To determine whether an investment is suitable, they must consider factors including the customer’s risk tolerance; they must also disclose all relevant factors regarding an investment’s risks. Advisors who recommend unsuitable investments may be held liable in the event of losses.

According to the Financial Industry Regulatory Authority, Jim Vukovich holds 17 years of experience. Based in Grand Terrace, Idyllwild, and Riverside, California, he has been registered as a broker and an investment advisor with PNC Investments since 2021. His past registrations include BBVA Securities (Riverside, California; 2013-2021), BBVA Compass Investment Solutions (Corona, California; 2010-2013), Guaranty Brokerage Services (Hemet, California; 2008-2009 and St. Cloud Minnesota; 2004-2005). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; 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 Arizona, California, Colorado, the District of Columbia, Florida, Idaho, Missouri, Nevada, South Dakota, Texas, Utah, Washington, and Wyoming. (Information current as of September 8, 2024.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.