Jake Kagele

  • category
    Finance
  • Views
    78
  • Reviews
    1

About Jake Kagele



A customer received $35,631.76 in compensatory damages after stockbroker Jake Kagele of Tucson, Arizona, who was previously employed by Mutual Securities Inc., was found liable for the customer’s causes of action, which included that a contract between the customer and the securities broker-dealer had been broken and that Jake Kagele had been negligent with regard to withdrawals and distributions. The customer initiated the investment-related arbitration claim against Kagele.

Jake Kagele is mentioned in an arbitration suit pertaining to customer investments that was settled for $1,250,000.00 in damages. The claim was based on claims that the stockbroker had made careless and deceptive statements about exchange-traded funds that the customer had purchased.

According to the claim, the customer’s investment account was managed inappropriately and was put on an investment plan that wasn’t appropriate for their goals and risk tolerance. Furthermore, it is alleged that Jake Kagele breached his fiduciary duty to the client while acting as Mutual Securities’ investment advisor representative and managing partner of Nova Financial LLC.

 

Jake Kagele

  • category
    Finance
  • Views
    78
  • Reviews
    1

2.8

trust score

2.5

brand audit

2.25

user’s score

1

user reviews

Medium risk
AliasJake Kagele GenderMale Related IndustryFinance Studied atUniversity of Pennsylvania's Wharton School
Faced Allegation #1Misrepresentation Faced Allegation #2Breach of Contract Faced Allegation #3Negligence Faced Allegation #4Fraud
Risk FactorLow Linkedin@kagele Featured in the NewsYes Adverse MediaNone
Suspicious Claims Yes Received Negative Reviews OnlineYes Brand Awareness Very Low AML ConcernsHigh
An overview on Jake Kagele
As managing director of NOVA Financial Services in Tucson, Arizona, Jake Kagele claims to provide individualized investment services to a wide range of clients. In an attempt to flaunt his accomplishments and elite social circle, Jake Kagele says he works with affluent individuals and a variety of organizations, including foundations for charity, corporations, and trusts. Furthermore, Jake Kagele asserts that as NOVA's business partner at Tucson, Arizona's Salpointe Catholic High School, he was able to get tax credits totaling over $100,000 for the school. According to Jake Kagele, he has been employed by NOVA for almost ten years. Jake Kagele asserts, demonstrating his remarkable experience, that he pulls from his vast knowledge in investment management services and financial advising with both Merrill Lynch  and a standalone Wachovia office. Even more proud of his accomplishments According to Jake Kagele, he has been granted the esteemed designation of Certified Investment Management Analyst (CIMA) by the Investments and Wealth Institute, which was formerly known as the Investment Management Consultants Association. He earned this certification at the Wharton School of the University of Pennsylvania, where faculty members developed a certification program covering risk assessment, asset selection, and investment policy. Prior to completing Wharton's Foundations & Endowments Certificate program, he obtained his CIMA accreditation.    
User score
2.25
Trust
experience
service
ethics
Pros
  • Highly qualified and experienced
Cons
  • Alleged misrepresentation
  • Alleged misconduct
  • Alleged fraudster
1 RED FLAGS FOR Jake Kagele

Jake Kagele has a consumer rating of 2.25 stars from 1 consumer complaints and reviews indicating that most customers are NOT satisfied with their experience. Consumers unhappy with Jake Kagele most frequently mention bad support and high costs.

add a red flag

1

articles

0

images

0

social posts

0

videos

0

files

critical intel on Jake Kagele

Investors Sue Mutual Securities for Negligence

The customer received $35,631.76 in compensatory damages after stock broker Jake Kagele of Tucson, Arizona, who was previously employed by Mutual Securities Inc., was found liable for the customer’s causes of action, which included that a contract between the customer and the securities broker-dealer had been broken and that Jake Kagele had been negligent with regard to withdrawals and distributions. The customer initiated the investment-related arbitration claim against Kagele.

The customer received $35,631.76 in compensatory damages after stock broker Jake Kagele of Tucson, Arizona, who was previously employed by Mutual Securities Inc., was found liable for the customer’s causes of action, which included that a contract between the customer and the securities broker-dealer had been broken and that Jake Kagele had been negligent with regard to withdrawals and distributions. The customer initiated the investment-related arbitration claim against Kagele.

 

 

First posted2017 SERP>10 Source ReliabilityHigh Brand impactMedium
LanguageEnglish Sentimental AnalysisNegative TypeNews Est. Damages$35,631.76
Regulatory AuthorityFINRA JurisdictionArizona DefendantJake Kagele Search VisibilityLow

Top 3 negative keyword association :

  • Fraud
  • Damages
  • Negligent

1 Comments

Jake Kagele has a consumer rating of 2.25 stars from 1 consumer complaints.
  1. trust
    3
    Experience
    2
    Service
    2.5
    ethics
    2.5

    Securities fraud is a big deal. How is he still allowed??

Leave a Reply

Your email address will not be published. Required fields are marked *

Item
1
Item
1

Do you agree with this report on Jake Kagele?


Our investigation protects investors from being taken in by scam investments, dishonest sales companies and unscrupulous salespeople. We can undertake a thorough review before you invest. If the investment has already been made we can work with you to take action to recover your money. It does not matter if the investment has collapsed and the perpetrators have run off. Action may still be possible to recover funds.
  • Background Check 1 week
  • OSINT + Cyber Intel 1 week
  • Global Database Checks 1 week
  • Human Interpretations 1 week
ProConsumer
Logo