Ralph Jackson: Morgan Stanley Fires Sports & Entertainment Advisor

Former Los Angeles financial advisor Ralph Jackson (CRD #1569213) was recently terminated by his member firm in connection with alleged rule violations. Financial Industry Regulatory Authority records show that he was most recently registered as a broker with Morgan Stanley. His LinkedIn profile notes that he was a Global Sports & Entertainment Director at the firm.

Mr. Jackson’s BrokerCheck report discloses his termination from Morgan Stanley. Filed in May 2025, the disclosure states that the firm fired him in connection with allegations “regarding his participation in undisclosed and unapproved financial transactions involving clients and third parties.”

A second disclosure on his BrokerCheck report concerns a Securities and Exchange Commission investigation into his conduct. Filed in February 2025, it states that he received a subpoena “for information related to a transaction involving Essential Coolers, LLC.” No other information is included.

His BrokerCheck report also discloses several investor complaints. The most recent, filed in 2020, alleged that as a Morgan Stanley representative, he recommended unsuitable high-yield corporate bonds. The complaint reached a settlement of $165,000.

An earlier investor complaint, filed in 2014, alleged that as a UBS Financial Service representative, he misrepresented and recommended unsuitable investments. In 2015 the complaint reached a settlement of $350,000.

A third investor complaint, filed in 2013, alleged that as a UBS representative, he committed fraud, misrepresented material facts, breached his fiduciary duty, made unauthorized investments, and solicited investments in unsuitable private equity investments. In 2014 the complaint reached a settlement of $6 million.

Mr. Jackson’s LinkedIn profile includes a section describing his services as a Global Sports & Entertainment Director at Morgan Stanley. “Since 1988 Ralph Jackson has worked with a clientele of high net worth investors in sports and entertainment,” it explains. “He has built his practice by seeking to deliver sound financial advice tailored to help address each client’s unique financial needs coupled with a commitment to world class service.”

According to the Financial Industry Regulatory Authority, Ralph Jackson holds 38 years of securities industry experience. Most recently based in Los Angeles, California, he was registered as a broker with Morgan Stanley from 2008 until 2025. His past registrations include UBS Financial Services, Salomon Smith Barney, Painewebber, Kidder Peabody, Smith Barney, Lehman Brothers, Dean Witter Reynolds, Equico Securities, and the Equitable Life Assurance Society of the United States. He is not currently licensed as a broker. (Information current as of June 30, 2025.)

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