Investors Allege Jamie Nowakowski Recommended Unsuitable Investments

Jamie Nowakowski (CRD #: 4472043), a broker formerly registered with Equitable Advisors, allegedly made unsuitable investment recommendations, according to her BrokerCheck record, accessed on January 15, 2025. Read on if you have questions about her conduct as a broker.

Investor Disputes

Two pending disputes, filed on February 21 and December 3, 2024, respectively, allege that Jamie Nowakowski gave unsuitable investment recommendations. The December dispute seeks $80,000 in damages.

On September 6, 2022, multiple investors filed a dispute alleging that Jamie Nowakowski recommended unsuitable investments and made misrepresentations. The client sought $250,000 in damages and received a settlement of $110,000.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. An investor’s profile describes their tax status, age, and other relevant information that investors must use when making recommendations.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. The misrepresentation or omission of material facts violates this rule.

Background Information

Jamie Nowakowski has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination
• Series 24 – General Securities Principal Examination
• Series 26 – Investment Company Products/Variable Contracts Principal Examination 

She has also worked for the following firms:

• Equitable Advisors (CRD#:6627)
• Coastal Equities (CRD#:23769)
• Wells Fargo Advisors Financial Network (CRD#:11025)
• CCO Investment Services (CRD#:39550)
• IFMG Securities (CRD#:14416)
• Banc of America Investment Services (CRD#:16361)
• Quick & Reilly (CRD#:11217)

Kurta Law Can Help

If you worked with Jamie Nowakowski and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.