Kurt Jackson: Suitability Complaint Against Ex-Kestra Advisor

Arroyo Grande, California financial advisor Kurt Jackson (CRD# 2913769) 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 Commonwealth Financial Network, and he is the owner of Central Coast Wealth Management.

Mr. Jackson’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in March 2026, alleged that as a representative of Kestra Investment Services, he recommended unsuitable alternative investments. The pending complaint alleges unspecified damages.

A second investor complaint, filed in 2025, alleged that as a representative of Commonwealth Financial Network, he recommended unsuitable investments in municipal bonds. The pending complaint alleges damages of $150,000.

A third investor complaint, filed in 2025, similarly alleged that as a representative of Commonwealth Financial, he made unsuitable recommendations of municipal bond products. In April 2026 the complaint reached a settlement of $190,000.

A fourth investor complaint, filed in 2022, alleged breach of fiduciary duty, unsuitable recommendations, misrepresentation, and supervisory failures in connection with oil and gas products. The complaint reached a settlement of $29,296.88.

According to the Financial Industry Regulatory Authority, Kurt Jackson holds 28 years of securities industry experience. Based in Arroyo Grande, California, he has been registered as a broker and an investment advisor with Commonwealth Financial Network since 2015, and he is the owner of Central Coast Wealth Management. His past registrations include NFP Advisor Services, UBS Financial Services, and Merrill Lynch. his credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Futures Managed Funds Examination, or Series 31; and the General Securities Representative Examination, or Series 7. He is licensed in Arkansas, California, Florida, Hawaii, Illinois, Indiana, Louisiana, Ohio, South Dakota, Texas, and Washington. (Information current as of May 23, 2026.)

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