Kerri Coe Faces Allegations of Unsuitable Investment Recommendations

Kerri Coe (CRD #: 4951159), a broker registered with Wells Fargo Clearing Services, allegedly recommended unsuitable investments. This is according to her BrokerCheck record, accessed on January 16, 2025. Investors may have also worked with her through Wells Fargo Advisors. Keep reading if you have questions regarding her alleged conduct. 

Investor Allegations 

On December 17, 2024, an investor alleged that Kerrie Coe made unsuitable investment recommendations that led to losses. The client seeks $640,000 in this pending dispute.

Another pending dispute filed on September 11, 2024, similarly alleged that Kerrie Coe recommended unsuitable investments, resulting in losses.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must consider the information in the investor’s profile, such as their age, investing experience, and risk tolerance when recommending investments.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

Background Information 

Kerri Coe 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

He is a registered broker in 12 states and is a registered investment adviser in Indiana and Texas. 

During her 20 years of experience, she has registered with five firms: 

• Cetera Investment Services (CRD #: 15340) 
• Cetera Investment Advisers (CRD #: 105644) 
• J.P. Morgan Securities (CRD #: 79) 
• Chase Investment Services (CRD #: 25574) 
• Banc One Securities Corporation (CRD #: 16999) 

Kurta Law Can Help 

If you have worked with Kerrie Coe and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.