Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 19, 2018 indicate that former Maryland-based Capital Portfolio Management broker Kevin Jedlicka has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Jedlicka (CRD# 2339602).
Kevin Jedlicka has spent 20 years in the securities industry and was most recently registered with Capital Portfolio Management in Timonium, Maryland (2016-2017). Previous registrations include Chapin Davis in Baltimore, Maryland (2015-2016); BB&T Securities in Hunt Valley, Maryland (2013-2015); Chapin Davis in Baltimore, Maryland (2010-2013); Wells Fargo Advisors in GLen Burnie, Maryland (2000-2010); First Union Brokerage Services in Charlotte, North Carolina (2000); Dean Witter Reynolds in Purchase, New York (1997-2000); Global Financial Group in Minneapolis, Minnesota (1997); and Alex Brown & Sons (1997). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 2, 1997, and Series 7 (General Securities Representative Examination), which he obtained on March 10, 1997. He is currently not registered with any state or firm.
According to his BrokerCheck report, Kevin Jedlicka has received one FINRA sanction and was terminated from two former employers in connection to alleged rule violations.
In January 2018 FINRA sanctioned him following allegations he participated in a “pattern of unsuitable short-term trading” involving Class A mutual fund shares and unit investment trusts. FINRA’s findings state that his recommendations resulted in unnecessary sales charges, and that they were unsuitable given their frequency and cost. His transactions allegedly resulted in losses of approximately $203,306 in these customer accounts. He was issued a six month suspension from acting as a broker.
In 2016 he was terminated from his position at Chapin Davis following allegations he executed unsuitable and excessive transactions.
In 2010 he was discharged from his position at Wells Fargo Advisors following allegations “involving unfunded variable annuity trade.”
If you or someone you know has lost money investing with Kevin Jedlicka, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.