Customers filed a pending arbitration on March 17, 2026, that names Jonathan Blount (CRD 5700831) and LPL Financial. BrokerCheck shows it under docket 26-00397. The allegations are unproven, Blount denies them, and no arbitrator has ruled.
The pending claim covers investments made from May of 2017 through October 2020, according to BrokerCheck. The customers alleged that the representative misrepresented those investments. They also alleged unsuitable investments given their objectives and risk tolerance. Jonathan Blount's disclosure lists $192,000 in alleged damages.
Jonathan Blount wrote, "I deny the allegations in their entirety." He said all recommendations and account management matched the clients' stated objectives and risk tolerance. He also said they stayed within the scope of the advisory agreement, and he called the claim without merit.
An advisory agreement sets the terms of an ongoing relationship between a client and an adviser. It usually states the services, the fee and whether the adviser can trade without calling first. Advisory clients typically pay a percentage of assets rather than a commission on each trade.
That differs from a brokerage account, where a broker earns money on transactions. When we review an advisory account, we start with the signed agreement and the fee schedule. This background is general, and the terms of any agreement involving Jonathan Blount are not part of it.
Objectives and risk tolerance usually enter the file on the account application. A firm may update them when a client's life changes, and many firms send periodic confirmations. Those forms matter because a recommendation gets measured against what they say.
A customer can ask the firm for copies of those forms at any time. In addition, the same documents often come up during the exchange of papers in a FINRA arbitration, as in any claim like the one on Jonathan Blount's report.
FINRA member firms must supervise the activities of their brokers. If you have questions about an account that Jonathan Blount handled, call Soreide Law Group at (888) 760-6552. You can also reach us online to speak with a securities attorney. FINRA arbitration is a national forum, so we represent investors in FINRA arbitration across the country. We handle these claims on a contingency fee basis. Learn how FINRA arbitration works.
This post summarizes public FINRA records, including BrokerCheck, as of November 4, 2026. Allegations in customer complaints and arbitrations are claims, not findings. Pending claims remain open and undecided. A settlement is also not an admission of wrongdoing. FINRA may also update or correct these records after that date.
In 2010, the SEC instituted public administrative and cease-and-desist proceedings against Brett Messing (CRD 2077288), BrokerCheck shows. Without admitting or denying the findings, the respondents consented to a finding that they willfully violated Rule 105 of Regulation M.
Customers filed a pending arbitration on March 17, 2026, that names Jonathan Blount (CRD 5700831) and LPL Financial. BrokerCheck shows it under docket 26-00397. The allegations are unproven, Blount denies them, and no arbitrator has ruled.
A customer dispute disclosure on John McKee's BrokerCheck report names Dfpg Investments as the firm. McKee's CRD number is 1931547. The claim is pending, and its $3,000,000 in alleged damages is an unproven figure. No arbitrator has ruled on it.
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