Last Updated: July 2025 (Torrance, CA)
Dwight Kay Investigation Summary
Here’s what you need to know about Torrance, CA, stockbroker Dwight Kay:
- Name: Mr. Dwight Kristopher Kay
- Current Employer: FNEX Capital
- DBA: Kay Properties and Investments, Cove Capital Investments, KLR Ventures
- Previous Firms: Growth Capital Services, WealthForge Securities, Colorado Financial Services Corp., Concorde Investment Services
- Function: Stock Broker/ Financial Advisor
- Aliases: Dwight Kay
- Primary Location: Torrance, CA
- CRD 5376903
- Can Dwight Kay be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Multiple Pending Customer Disputes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Dwight Kay As Your Stockbroker?
Dwight Kay discloses 2 FINRA arbitrations filed in 2023 by customers of of Wealthforge Securities alleging various causes of action related to losses incurred in private placements. One seeks damages of $570,000. No damages are yet specified in the other case.
What is a Delaware Statutory Trust (DST) ?
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Dwight Kay
A customer of Dwight Kay & Wealthforge Securities has alleged the following wrongdoing in connection with the handling of customer accounts:
- Elder Abuse
- Unsuitable Recommendations
- Failure to do adequate due diligence
- Misrepresentation and Omissions
- Failed to disclose material facts
Kay Properties, a dba for FNEX Capital ( kpi1031.com ), “provides access to the marketplace of typically 20-40 DSTs from over 25 different sponsor companies” according to their website.
Information on Elder Financial Abuse
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Dwight Kay, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.