Our firm is investigating Alexander Capital, L.P. broker and financial advisor Jeremy Landon Presley (CRD# 6685733) of Atlanta, Georgia for potential investment-related misconduct.
Financial Advisor’s Career History
Based on his FINRA BrokerCheck report, Jeremy Landon Presley has been registered in the securities industry since at least 2016 and is currently registered with Alexander Capital, L.P. (registered since May 1, 2020) and Alexander Capital Wealth Management LLC (registered since May 27, 2020), with an Atlanta, GA office location listed.
Prior Firms and Registration Timeline (as reported)
- Alexander Capital, L.P. (CRD# 40077) — registered 05/2020–Present; previously registered 04/2020–04/2020
- Centaurus Financial, Inc. (CRD# 30833) — registered 07/2016–04/2020 (broker) and 10/2016–04/2020 (investment adviser representative)
Jeremy Landon Presley Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reflects one customer dispute reported for Mr. Presley.
Customer Dispute (FINRA arbitration) — Unsuitable Recommendations / Overconcentration (Settled)
According to the disclosure details, customers alleged that in January and February 2016 the registered representative recommended unsuitable investments and over-concentrated their holdings/positions, involving a Real Estate Security product type.
Key case data reported on BrokerCheck includes:
- Forum: FINRA arbitration
- Docket/Case #: 21-00883
- Filing date: 04/05/2021
- Status: Not pending; settled with a status date of 09/14/2022
- Settlement amount: $5,000.00
- Individual contribution amount: $0.00
- Alleged damages (as reported): $0.00, with an explanation that claimants did not allege a specific compensatory amount and the firm made a good-faith determination that potential compensatory damages could exceed $5,000
- Employing firm(s) referenced for the period at issue: “J.P. Turner and Company aka Cetera Financial Group and Centaurus Financial, Inc.”
Disclosures at a glance (for quick reference)
- Customer Dispute (FINRA Arbitration 21-00883): Alleged unsuitable recommendations and overconcentration in real estate securities (Jan–Feb 2016) → Settled (09/14/2022) for $5,000; $0 individual contribution.
To obtain a copy of Jeremy Landon Presley’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2111 (Suitability) in the context of the allegations
FINRA Rule 2111 (Suitability) generally requires that a broker or advisor have a reasonable basis to believe a recommendation is suitable based on the customer’s investment profile. In disputes alleging unsuitable recommendations and overconcentration—like the January–February 2016 allegations involving real estate securities—the suitability analysis commonly focuses on whether the recommendations were appropriate for the investor’s risk tolerance, liquidity needs, diversification goals, and overall portfolio concentration at the time of the recommendations.
FINRA Rule 2090 (Know Your Customer) in the context of the allegations
FINRA Rule 2090 (Know Your Customer) generally requires member firms and associated persons to use reasonable diligence to understand the essential facts concerning each customer and the authority of each person acting on behalf of that customer. Where a complaint alleges unsuitable recommendations and an overconcentrated portfolio position, “know your customer” issues may include whether the broker adequately understood (and documented) the customer’s financial situation, investment objectives, time horizon, and liquidity constraints before recommending a concentrated allocation to a specific product type such as real estate securities.
FINRA Rule 2010 (Standards of Commercial Honor) in the context of the allegations
FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just and equitable principles of trade. In customer disputes that claim unsuitable recommendations and overconcentration, Rule 2010 is often implicated as a broad conduct standard—particularly where the facts suggest recommendations inconsistent with the customer’s profile, inadequate risk discussion, or portfolio construction that allegedly exposed the customer to avoidable concentration risk.
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.