Last Updated: December 2023 (Wesley Chapel, FL)
Travis Jennings Investigation Summary
Here’s what you need to know about Wesley Chapel, FL, stockbroker Travis Jennings:
- Name: Mr. Travis Scott Jennings
- Current Employer: Encompass Financial Group (RIA), Not currently registered with FINRA.
- DBA: Finance Cape
- Previous Firms: Claraphi Advisory Network (RIA), Global Financial Private Capital, Accurate Wealth Management
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Travis Jennings
- Primary Location: Wesley Chapel, Florida
- CRD 5753812
- Can Travis Jennings be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $300,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Travis Jennings As Your Stockbroker?
A customer of Encompass Financial Group, d/b/a Finance CAPE was paid $300,000 in 9/2023 to resolve allegations that Travis Jennings recommended a $500,000 investment in GWG L Bonds.
In 2020 a customer complained that Jennings misrepresented an investment in a limited partnership causing damages of $50,000. The company denied the claim and apparently the customer did not pursue the matter further.
Allegations of Broker Misconduct Against Travis Jennings
Customers of Travis Jennings have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in GWG L Bonds
- Recommendation was contrary to customer’s investment objectives, risk tolerance and Best Interest
- Recommendation was contrary to instructions given by customer
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
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 Travis Jennings, 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.
