A Kansas regulator fined financial advisor David Gene Cox [CRD: 5518178, Overland Park, Kansas], and one or more investors complained about him, according to SEC Investment Adviser Public Disclosure. Notably, Cox was associated with Brookstone Capital Management LLC from April 10, 2008, to October 15, 2021, CreativeOne Wealth LLC from October 15, 2021, to May 13, 2025, and later registered with Beacon Wealth Advisory. Read on to learn more about disclosures involving Cox.
Kansas Sanctioned Cox Over Alleged Client Loan
Specifically, on March 5, 2026, the State of Kansas issued Case: 26E075 sanctioning David Cox by imposing a fine. Mainly, Kansas alleged that Cox borrowed $20,000 from an advisory client while associated with CreativeOne Wealth LLC. According to the disclosure, borrowing money from a client violated state regulations governing financial advisor representatives. Kansas entered a final order on this matter on March 5, 2026.
David Cox Discharged For Allegedly Borrowing From A Client
Additionally, CreativeOne Wealth LLC disaffiliated with Cox on April 21, 2025. Allegedly, Cox entered into a personal loan arrangement with a client. The firm viewed the arrangement as inconsistent with its policies, code of ethics, and standards applicable to financial advisor representatives.
Brookstone Capital Management Investor Accused Cox Of Unsuitable Advice
Evidently, a client filed a complaint about David Cox. Mainly, the client alleged that Cox provided improper investment advice. For this reason, the client allegedly sustained damages connected to mutual funds. Therefore, on January 13, 2016, Brookstone Capital Management settled this matter by paying the client $125,000.
Did You Sustain Losses Because Of Securities Broker / Financial Advisor David Cox?
Did you experience losses because of David Cox? Get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. Also, our securities lawyers handle cases on a contingency fee basis and advance all costs. Cox and brokerage firms Cox worked for deny allegations of sales practice violations.
