Jae Kim Formerly with E1 Asset Management Barred

 CORTLANDT MANOR, NEW YORK     Have you lost money investing with financial advisor Jae Kim in Cortlandt Manor, New York? After Jae Kim failed to respond to FINRA’s inquiry, he was barred from the securities industry.  FINRA Rule 8210 states that licensed advisors are required to respond to FINRA investigations.

FINRA began its investigation after he was the subject of a customer arbitration claim.  The customer alleged $4 million in losses with respect to options and stocks.  Jae Kim allegedly acknowledged FINRA’s request for information related to the customer complaint but would not provide FINRA with the information.

Jae Kim was licensed with E1 Asset Management from 2003 to March 2024.  He worked in Cortlandt Manor, New York.   In addition to the most recent customer complaint, he also has been the subject of eight other customer complaints and also filed for bankruptcy in January 2024.

Under FINRA’s Rules, E1 Asset Management must adequately supervise the acts of its representatives.  If the brokerage firm fails to do so, it could be held responsible for investor losses.  Our law firm has represented over 1,000 investors in the past, including numerous investors in New York.

View FINRA AWC HERE

View BrokerCheck Report HERE

If you lost money with Jae Kim, or E1 Asset Management, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.