Dennis W. Hunt - Investment Adviser at EDWARD JONES

Investment Adviser Public Disclosure SEC and NASAA logo Image

Investment Adviser Search
Investment Adviser Data
Form ADV Data
Resources
Investment Advisor Representative
Report Summary

Individual
Firm

When communicating online or investing with any professional, make sure you know who you’re dealing with. Imposters might link to sites like BrokerCheck from phishing or similar scam websites, or through social media , trying to steal your personal information or your money. Please contact FINRA with any concerns.

< Back to Results

Detailed ReportReport

Dennis W. Hunt

DENNIS W FUNT, DENNIS WILLIAM HUNT

CRD#: 2794815

Investment Adviser

Broker

EDWARD JONESCRD#: 250

6063 MID RIVERS MALL DR
COTTLEVILLE, MO 63304

Registration History

Disclosure(s)

View By:

10/31/2002

Customer Dispute

Denied

Allegations

CLIENT IS DISATISFIED WITH THE PERFORMANCE OF HER ACCOUNT AND BELIEVES THE IR DID NOT INVEST HER 401K MONIES APPROPRIATELY FOR A RETIRED INDIVIDUAL. CLIENT CLAIMS THE IR SHOULD HAVE INVESTED HER FUNDS MORE CAUTIOUSLY THAN AN INDIVIDUAL WITH SALARY INCOME. CLIENT CLAIMS THE IR DID NOT MANGE HER ACCOUNT WITH THE PROPER "FIDUCIARY RESPONSIBILITY" AND AS A RESULT SHE INCURRED LOSSES OF $25,000.

Damage Amount Requested

$25,000.00

Broker Comment

PURCHASES WERE MADE IN VARIOUS AMERICAN FUND MUTUAL FUNDS ON 4/2/02 WITH THE PROCEEDS FROM A ROLLOVER. ACCORDING TO IR, HE PROVIDED CLIENT WITH ALL FEATURES OF THE MUTUAL FUNDS, INCLUDING A DISCUSSION ON COMMISSIONS. THE CLIENT DID RECEIVE A BREAKPOINT (REDUCED COMMISSION) ON THE PURCHASE OF THE MUTUAL FUNDS AS A RESULT OF THE AMOUNT BEING INVESTED. PROSPECTUSES WOULD HAVE BEEN PROVIDED AT THE TIME OF PURCHASE ON EACH FUND, WHICH PROVIDED DETAILS OF THE INVESTMENT, INCLUDING THE FUND OBJECTIVE. IR STATED HE MADE THE FUND RECOMMENDATIONS TAKING INTO ACCOUNT THE CLIENT'S ADDITIONAL ASSETS HELD IN SBC STOCK AND CLIENT'S INDICATION SHE WOULD NOT NEED INCOME FROM THE IRA IN THE IMMEDIATE FUTURE. IR STATED THERE WAS DISCUSSION WITH THE CLIENT REGARDING THE LIQUIDATION OF SOME OF THE SBC (DUE TO A SIZEABLE HOLDING IN ONE STOCK), WHICH WOULD BE PLACED IN INDIVIDUAL BONDS WHEN TRANSFERRED IN. OUR RECORDS INDICATE THE PURCHASES MADE IN APRIL APPEARED TO BE WITHIN THE STATED INVESTMENT OBJECTIVE ON HER ACCOUNT (BALANCED). IN OCTOBER 2002, CLIENT DIRECTED IR TO LIQUIDATE MUTUAL FUNDS AND MOVE APPROX $100,000 INTO FIXED INCOME PRODUCTS. CUSTOMER STATEMENTS HAVE BEEN PROVIDED FROM THE INITIAL TRANSACTIONS REFLECTING ALL ACTIVITY IN HER ACCOUNT, ASSET CATEGORIES OF THE FUNDS, AS WELL AS ESTIMATED VALUES OF THE INVESTMENTS. WHILE WE UNDERSTAND CLIENT'S DISAPPOINTMENT WITH THE DECLINE IN VALUE OF THE INVESTMENTS, MARKET FLUCTUATION IS A RISK ASSOCIATED WITH SUCH INVESTMENTS. BASED ON THE FIRM'S REVIEW, IT APPEARS THE INVESTMENTS WERE MADE WITH THE CLIENT'S AUTHORIZATION AFTER DISCUSSIONS WITH IR, INCLUDING ABOUT THE RISKS AND COSTS ASSOCIATED WITH THESE INVESTMENTS. CLAIM DENIED

License(s)

State Registrations

Alabama 1/8/2021

Missouri 2/11/1999

Arizona 1/3/2007

Montana 8/11/2016

California 5/9/2005

Nevada 5/12/2022

Colorado 1/15/2014

North Carolina 5/27/2020

Florida 3/5/1998

Ohio 1/2/1997

Illinois 1/1/1997

Tennessee 3/11/2024

Iowa 1/29/2013

Texas 10/14/2004

Kansas 1/1/1997

Texas 8/21/2014

Mississippi 8/16/2023

Wisconsin 10/5/2017

Missouri 11/26/1996

SRO Registrations

FINRA

NYSE American LLC

Nasdaq Stock Market

New York Stock Exchange

View Exams Passed by the individual in the detailed report

Learn about permitted activities of registered representatives

Learn about permitted activities of registered principals

Not all jurisdictions require IAR registration or may have an exemption from registration.

Current Registration(s)

EDWARD JONES (CRD#:250)

6063 MID RIVERS MALL DR, COTTLEVILLE, MO 63304

Registered with this firm since 2/11/1999

EDWARD JONES (CRD#:250)

6063 MID RIVERS MALL DR, COTTLEVILLE, MO 63304

Registered with this firm since 11/5/1996

For additional information about investment advisers or broker-dealers, please visit

www.investor.gov

Broker

A brokerage firm, also called a broker-dealer, is in the business of buying and selling securities – stocks, bonds, mutual funds, and certain other investment products – on behalf of its customer (as broker), for its own bank (dealer), or both. Individuals who work for broker-dealers - the sales personnel are commonly referred to as brokers.

Investment Adviser

An investment adviser is paid for providing advice about securities to clients. In addition, some investment advisers manage investment portfolios and offer financial planning services.

Disclosures

Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.