Last Updated: February 2026 (Melbourne, Florida)
Scott Kemps Investigation Summary
Here’s what you need to know about Melbourne, FL, stockbroker Scott Kemps:
- Name: Mr. Scott Arthur Kemps
- Current Employer: Blueskye Investment Advisers as registered investment advisor, not currently registered with FINRA
- Prior Employer: Great Point Capital, Meyers Associates, International Assets Advisory
- DBA: Spectrum Capital Management
- Function: Stock Broker/ Financial Advisor
- Aliases: Scott Kemps
- Primary Location: Melbourne, FL
- CRD 1849069
- Can Scott Kemps be sued in FINRA arbitration: Yes
- Sanctioned by Florida Securities Regulator: Yes
- Highest Settlement or Award: $450,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Scott Kemps As Your Stockbroker?
In 2014 Scott Kemps was assessed an administrative fine of $5,000 by The Florida Office of Financial Regulation for engaging in the investment advisory business from offices within Florida without being lawfully registered pursuant to FS 517.12(4).
Scott Kemps discloses six settlements with former customers, including the following:
- 2022- A customer of Great Point Capital was paid $450,000 to resolve allegations Kemps recommended unsuitable, speculative and illiquid limited partnership investments.
- 2022- A customer of Great Point Capital was paid $206,300 to resolve allegations Kemps recommended unsuitable private investments.
- 2021- A customer of Great Point Capital was paid $400,000 to resolve allegations Kemps recommended GPB funds without adequate due diligence
- 2022- A customer of Great Point Capital was paid $400,000 to resolve allegations Kemps recommended investments in three unsuitable direct participation investments
Allegations of Broker Misconduct Against Scott Kemps
Customers of Scott Kemps have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in GPB Funds
- Failure to perform adequate due diligence
- Unsuitable Investment Recommendation to invest in limited partnerships
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.
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.
Suffer Losses on Delaware Statutory Trusts or Section 1031 Investments with Great Point Capital ?
Our Investigations of other Great Point Capital Brokers
Losses on Investments in Inspired Healthcare?
Delaware Statutory Trust-A Delaware Statutory Trust (DST) is a legally recognized real estate investment trust (REIT) in which investors can purchase fractional ownership in property as beneficiaries of the trust.
Internal Revenue Ruling 2004-86 declared that DST’s are like-kind and therefore qualify as 1031 exchange property. A 1031 exchange allows real estate investors to swap one investment for another and defer capital gains taxes.
Ownership of real property as a beneficiary of the DST offers investors the same benefits and risks as direct ownership without the management responsibility since a trustee is appointed to manage the property on behalf of the investors. Since the IRS has declared ownership of real property via a Delaware Statutory Trust to be like kind property for purposes of 1031 exchange, a much broader and diverse selection of investment property is now available.
Other Investigations Involving Delaware Statutory Trusts
Great Point Capital headquarters – 200 West Jackson Blvd., Suite 1000, Chicago, IL 60606. Texas Branch office– 12515 Research Blvd, Bldg 7, Suite 200, Austin, TX 78759.
Great Point Capital, also known as, Maverick Brokerage LLC and Great Point Trading LLC.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Scott Kemps, 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.