Mark Just: Investor Complaints Against Indianapolis Advisor
The Just Company financial advisor Mark Just (CRD# 1138738) allegedly recommended unsuitable alternative investments, according to investor complaints against him. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the Indianapolis representative was formerly a broker with Triad Advisors and has been sanctioned by FINRA.
Mr. Just’s BrokerCheck report discloses numerous investor complaints. The most recent, filed in March 2022, alleges that as a representative of Triad Advisors, he recommended unsuitable variable annuities and did not disclose surrender fees. The pending complaint alleges damages of $90,000. In a statement on the disclosure, Mr. Just wrote that he “vigorously disagrees with the claims made in this complaint.”
A second investor complaint, filed in September 2021, alleges that as a Triad Advisors representative, he recommended unsuitable alternative investments. The pending complaint alleges damages of $99,000. A fourth complaint, filed in 2020, alleges that he recommended unsuitable alternative investments in real estate securities, seeking damages of $150,000. A fifth, filed in 2018, alleges unsuitable investment recommendations and seeks damages of $997,269.
An investor complaint filed in 2020 alleged that Mr. Just engaged in unspecified misconduct relating to fixed annuity investments, reaching a settlement of $40,000. A 2021 complaint, meanwhile, alleged unsuitable alternative investment recommendations and reached a settlement of $8,750. A similar complaint, filed in 2021, alleged he recommended unsuitable alternative investments, reaching a settlement that year of $70,000. Finally, a 2020 complaint also alleged he recommended unsuitable investments in variable annuity and real estate products, reaching a settlement of $40,000.
Mr. Just’s BrokerCheck report also discloses a May 2021 FINRA sanction against him. The sanction related to findings that he “willfully failed to timely amend his Form U4 to disclose state tax liens.” He was suspended for three months and fined $5,000.
According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Mark Just holds 38 years of securities industry experience. Based in Indianapolis, Indiana, he has been an investment advisor with The Just Company since March 2022. His past registrations include Triad Advisors, Royal Alliance Associates, Delta Equity Services Corporation, Foundation Investors Securities Corp., Linsco/Private Ledger, and ManEquity. His credentials include the passage of seven securities industry qualifying examinations: the General Securities Principal Examination, or Series 24; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Direct Participation Programs Representative Examination, or Series 22; 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 not currently licensed as a broker; he is registered as an investment advisor in Indiana and Texas. (Information current as of June 16, 2022.)
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