Haselkorn & Thibaut has opened an investigation into Columbus, Indiana financial advisor Joe Doggett and his firm JCD Investments, following multiple investor complaints that have raised concerns about his business practices and investment recommendations.
Understanding Joe Doggett’s Background and Current Registrations
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Joe Doggett (CRD# 1033987) brings 43 years of securities industry experience to his role as president of JCD Investments. Currently registered with Money Concepts Capital Corporation as a broker and Money Concepts Advisory Service as an investment advisor, Doggett operates from Columbus, Indiana, serving clients throughout Southern Indiana and Kentucky.
His extensive career includes previous registrations with several well-known firms:
- Grove Point Investments
- Woodbury Financial Services
- AXA Advisors
- The Equitable Life Assurance Society of the United States
Doggett holds licenses in ten states: Florida, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Ohio, South Carolina, and Virginia. His professional credentials demonstrate comprehensive industry knowledge through the successful completion of five securities examinations:
| Examination | Series Number |
|---|---|
| Uniform Investment Adviser Law Examination | Series 65 |
| Uniform Securities Agent State Law Examination | Series 63 |
| General Securities Representative Examination | Series 7 |
| Investment Company Products/Variable Contracts Representative Examination | Series 6 |
| Securities Industry Essentials Examination | SIE |
Recent Investor Complaints: What You Need to Know
Despite his lengthy career and extensive credentials, Doggett’s regulatory record reveals concerning patterns that investors should carefully consider. Three significant investor complaints have been filed against him, with settlements totaling over $81,500 and additional claims pending.
The most recent complaint, filed in July 2025, presents particularly serious allegations. This pending case claims that Doggett, while representing Money Concepts Capital Corporation:
- Breached contractual obligations
- Negligently misrepresented material facts
- Violated state and federal securities laws
- Committed elder abuse in connection with Delaware Statutory Trust investments
While the damages in this case remain unspecified, the nature of these allegations—particularly the elder abuse claim—raises significant concerns about investment practices and client care.
Historical Complaints and Settlements
Two previous complaints have resulted in monetary settlements:
2020 Complaint – $6,500 Settlement: An investor alleged that Doggett, then working with H. Beck, over-concentrated their portfolio in unsuitable investments. This complaint highlights potential issues with portfolio diversification and investment suitability—fundamental principles of prudent financial advising.
2019 Complaint – $75,000 Settlement: Another client claimed that Doggett submitted paperwork missing a supplemental rider while at H. Beck. This substantial settlement suggests the omission had significant financial consequences for the investor.
Red Flags for Investors to Consider
When evaluating whether to work with or continue working with any financial advisor, certain patterns warrant careful consideration:
1. Multiple Complaints Over Time: Three separate investor complaints within six years indicate potential systematic issues rather than isolated incidents.
2. Elder Abuse Allegations: These claims suggest possible targeting of vulnerable populations or failure to adequately protect elderly clients’ interests.
3. Suitability Concerns: Over-concentration complaints raise questions about whether investment recommendations align with clients’ risk tolerance and financial goals.
4. Documentation Errors: While paperwork mistakes might seem minor, they can have major financial implications, as evidenced by the $75,000 settlement.
Understanding Your Rights as an Investor
If you’ve experienced investment losses or have concerns about your financial advisor’s recommendations, you have important rights and options available. Securities laws exist to protect investors from unsuitable recommendations, misrepresentations, and other harmful practices.
Key protections include:
- Suitability Requirements: Advisors must recommend investments appropriate for your financial situation, goals, and risk tolerance
- Fiduciary Duties: Investment advisors must act in your best interests
- Full Disclosure: Material facts about investments must be accurately presented
- Proper Documentation: All paperwork must be complete and accurate
What Should You Do Next?
If you’ve worked with Joe Doggett or JCD Investments and have concerns about your investments, taking prompt action is essential. Review your account statements carefully, document any losses or concerns, and consider seeking professional legal guidance.
Questions to ask yourself:
- Were your investments suitable for your age, risk tolerance, and financial goals?
- Did you fully understand the risks involved in your investments?
- Were all investment recommendations properly documented?
- Have you experienced unexpected losses or account discrepancies?
How Haselkorn & Thibaut Can Help
Haselkorn & Thibaut (investmentfraudlawyers.com) is a national securities fraud law firm with over 50 years of experience helping investors recover losses. With a 98% success rate and millions recovered for clients nationwide, the firm operates on a no recovery, no fee basis—meaning you pay nothing unless they successfully recover compensation for your losses.
The firm’s experienced attorneys understand the complexities of securities law and can evaluate whether you have a valid claim for recovery. They handle cases involving:
- Unsuitable investment recommendations
- Over-concentration of portfolios
- Misrepresentation of investment risks
- Elder financial abuse
- Documentation errors causing financial harm
Don’t wait to protect your financial future. If you’ve suffered investment losses or have concerns about your advisor’s conduct, contact Haselkorn & Thibaut today for a free, confidential consultation at 1-888-885-7162. Their team can review your situation, explain your options, and help you understand the best path forward for recovering your losses.
