DID ADAM KENNON BROWN CAUSE YOU INVESTMENT LOSSES?
About Adam Brown of St Bernard Financial Services, Inc?
Adam Brown (CRD #4905935) located in Jonesboro, Arkansas, has been a registered broker since 2005 and is currently employed with St. Bernard Financial Services, Inc with roles as a General Securities Representative and Investment Adviser Representative. He has been with this firm since November 8, 2012. Prior to this, he worked at three other brokerage firms: SWS Financial Services, Inc. (2010 – 2012); Wells Fargo Advisors, LLC (2008 – 2010); and A.G. Edwards & Sons, Inc. (2005 – 2008) Mr. Brown is currently licensed in the state of Arkansas and registered with one self-regulatory organization (FINRA). He has passed two general industry/product exams and one multi-state securities law exam but has not passed any principal or supervisory exams.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Adam Brown Customer Complaints and Reviews
Nikolay Brakshkis has experience in the financial sector, having been a registered broker with J.P. Morgan Securities LLC from August 2021 to January 2025. He also held a position as a relationship banker at JPMorgan Chase Bank, N.A. As of now, he is not currently registered with any securities firm.
Over his career, he has passed two general industry/product exams and one multi-state securities law exam. However, he has not completed any principal/supervisory exams.
Mr. Brakshkis was terminated on December 16, 2024, by JPMorgan Chase Bank, N.A. The reason cited for his dismissal was assigning affiliate bank incentive credit to a co-worker who was not eligible to receive it.
Adam Brown Customer Complaints and Reviews
Adam Kennon Brown has one customer dispute listed in his FINRA report.
- Customer Dispute Filed: January 16, 2025
- Complaint: The claimant sought to double their investment in a short time and agreed to take a high-risk investment strategy. Significant losses occurred
- Alleged Damages: $350,000 with additional unspecified damages requested.
- Product: Options
- Status: Under review with FINRA Dispute Resolution Case #25-00106 and remains pending.
Allegations Against Adam Brown
- The pending customer dispute raises concerns about Mr. Brown’s handling of high-risk investments and client expectations. The key points of the dispute are:
- The claimant allegedly agreed to a high-risk strategy, yet suffered significant financial losses.
- The account was opened in December 2021 and closed in early 2024, indicating the losses occurred over a span of roughly two years.
- The dispute is currently under arbitration with FINRA, meaning it has not yet been resolved, and no ruling has been made on liability or wrongdoing.
- If the claimant prevails, Mr. Brown and his firm may be held responsible for compensatory damages.
Adam Brown Red Flags & Your Rights As An Investor
Of course, Adam Brown did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Adam Brown at St Bernard Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Adam Brown has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at St Bernard Financial Services, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At St Bernard Financial Services, Inc. Due To Adam Brown
If you have questions about St Bernard Financial Services, Inc. and/or Adam Brown and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Rate this Post
Loading...