Christopher Jacobi – Customer Disputes and Investor Complaint Investigation
The White Law Group is investigating potential securities-fraud claims involving former financial advisor Christopher John Jacobi (CRD# 1648679), who was previously registered as both a broker and an investment adviser. According to his FINRA BrokerCheck profile, Jacobi reportedly accumulated 11 customer disclosures over his 37-year career in the securities industry.
Jacobi was most recently registered with Ameriprise Financial Services, LLC from 2009 until June 2025. His prior affiliations include Wachovia Securities, NBC Securities, Dean Witter Reynolds, Prudential Securities, Blinder Robinson & Co., and The Stuart-James Company.
Customer Disputes Involving Alleged Unsuitable Investment Recommendations
The majority of the complaints reported against Jacobi involve allegations that he recommended unsuitable investments, a common basis for arbitration claims involving retail investors. Several of these disputes are recent and remain pending, while others have resulted in settlements.
Chris Jacobi | Notable Recent Disclosures
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July 7, 2025 – Pending
Claimant alleges an unsuitable investment recommendation; damages requested: $150,000. -
February 14, 2025 – Settled
Alleged unsuitable investment; requested damages: $30,000; settlement: $15,000. -
January 29, 2025 – Pending
Alleged unsuitable investment; damages requested: $100,000. -
January 28, 2025 – Pending
Alleged unsuitable investment; damages requested: $150,000. -
January 24, 2025 – Settled
Alleged unsuitable investment; requested damages: $99,000; settlement: $65,000. -
December 31, 2024 – Pending
Alleged unsuitable investment; damages requested: $100,000. -
August 26, 2024 – Settled
Alleged unsuitable investment; requested damages: $250,000; settlement: $70,000.
Earlier complaints dating back to the 1990s and 2000s include allegations of unsuitable stock recommendations, failure to follow customer instructions regarding principal-protected products, and concerns over disclosures in annuity transactions. Several of these older disputes were denied or closed without action.
What Are Unsuitable Investment Recommendations?
Financial advisors have a duty to recommend investments that are appropriate and suitable based on an investor’s risk tolerance, financial objectives, experience, age, and liquidity needs. When a broker recommends investments that do not align with a client’s profile, the investor may suffer significant losses—and the brokerage firm may be liable for failure to supervise.
FINRA Arbitration and Recovery Options
If you invested with Christopher Jacobi and suffered losses, you may be entitled to pursue recovery through FINRA arbitration. Firms can be held responsible for advisor misconduct, including unsuitable recommendations and failure to supervise.
The White Law Group has represented hundreds of investors nationwide in FINRA arbitration claims involving unsuitable investments, misrepresentation, and other forms of broker misconduct.
For a free case evaluation, please call (888) 637-5510.
FAQs
1. What types of complaints have been filed against Christopher Jacobi?
Most of the complaints involve allegations that Jacobi recommended unsuitable investments, leading to financial losses for customers. Several disputes filed in 2024 and 2025 are still pending, while others have been settled.
2. Can investors recover losses from unsuitable investment recommendations?
Yes. Investors may be able to recover losses through FINRA arbitration, where brokerage firms can be held liable for failing to properly supervise their advisors or for approving unsuitable investment strategies.
3. How do I know if I have a claim against Ameriprise or another firm that employed Jacobi?
If you suffered losses in investments recommended by Jacobi—especially those inconsistent with your risk tolerance or financial goals—you may have a viable claim. The White Law Group can review your account at no charge and advise you on your recovery options.
Last modified: November 21, 2025
