Northwestern Mutual Investment Services

There are Recent Customer Complaints with Broker James Davis in Firm Northwestern Mutual Investment Services, LLC

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Davis (Davis), previously associated with Northwestern Mutual Investment Services, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Davis recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $25,949.00 on November 22, 2024.

Customer alleged that in or around december 2022, the representative misrepresented a variable life insurance policy as an investment and customer alleged that they did not need life insurance. Customer requested a refund of premiums paid.

Broker John Kersey in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

February 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Kersey (Kersey), previously associated with Northwestern Mutual Investment Services, LLC, has at least 14 disclosable events. These events include 13 customer complaints, one tax lien, alleging that Kersey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on November 04, 2024.

The customer alleges that from March 2017 to July 2022, they wrote personal checks payable to the Representative and that the Representative misled the customer to believe that this money was deposited into a Northwestern Mutual account for the customer’s benefit. The customer also alleges that in 2011 and 2012 they wrote personal checks to a trust of which the customer was led to believe that the Representative was trustee of, and that the money paid to the trust was being invested on the customer’s behalf in a Northwestern Mutual account. The Firm has no record of these transactions.

Broker Joshua Jenkins in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

January 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joshua Jenkins (Jenkins), previously associated with Northwestern Mutual Investment Services, LLC, has at least 7 disclosable events. These events include 7 customer complaints, alleging that Jenkins recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $20,832.00 on December 10, 2024.

The customer alleges that in or around April 2022, the Representative made misrepresentations in the sale of a variable life insurance policy including that it was an investment account, that ongoing premium payments were not required after the first year, and that there were no surrender charges associated with the policy. The customer alleges the Representative’s recommendation was motivated by commissions and fees, rather than the customer’s needs.