There are options for clients of Capitol Securities Management, Inc. broker Kent Engelke (CRD# 1421164) who suffered investment losses. He has been registered with Capitol Securities Management, Inc. in Glen Allen, Virginia, since 2008.
Kent Engelke Customer Complaints
He has been the subject of four customer complaints between 2001 and 2025, according to his CRD report. The most recent complaints are regarding:
December 2025. “The client alleges unsuitable recommendations.” The case is currently pending. The complaint was regarding CDs and corporate debt losses, and it took place while he was registered with Capitol Securities Management, Inc
August 2020. “Unsuitable recommendations and over concentrated positions of high risk investments, including non-investment grade bonds.” The case was settled for $168,000. The complaint was regarding common and preferred stock losses, and it took place while he was registered with Capitol Securities Management, Inc.
December 2016. “Trustees for the Trust submitted a draft arbitration claim to the firm alleging that the Rep invested in securities that were not in line with the trusts objectives and that he did not advise the trustees appropriately on assets held in the account.” The customer sought $750,000 in damages, and the case was settled for $375,000. The complaint was regarding common and preferred stocks, corporate debt, and real estate security losses, and it took place while he was registered with Capitol Securities Management, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Capitol Securities Management, Inc. may be liable for investment or other losses suffered by Kent Engelke’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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