Jerry Wade (CRD #: 4963820), a broker registered with MML Investors Service, was named in a dispute involving a risky investment, according to his BrokerCheck Record, accessed on December 21, 2020. This is not the only disclosure on Mr. Wade’s record.

Sigma Financial Corporation

On November 17, 2020, a client alleged that he purchased a REIT in 2016 and trusted Jerry Wade to manage his assets, but the account lost nearly half its value. REITs are generally risky investments, and investment advisers should disclose the potential for losses. The dispute was denied by the firm, which can happen without entering into arbitration.

On July 25, 2019, Mr. Wade was the subject of a tax lien for $93,594.70.

Jerry Wade has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative Examination, and the Series 6 Investment Company Products/ Variable Contracts Representative Examination. Wade is a registered broker in California, Delaware, Florida, Georgia, Kentucky, New Jersey, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Virginia, and Washington. He is also a registered investment adviser in New Jersey.

Mr. Wade has worked in the securities industry for 15 years, and during that time he has worked at three firms:

  • MSI Financial Services (CRD #: 14251)
  • Metropolitan Life Insurance Company (CRD #: 4095)
  • MSI Financial Services (CRD #: 14251)

If Jerry Wade was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email for a free case consultation with a securities attorney.

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