Haselkorn & Thibaut, a national investment fraud law firm with over 50 years of experience and a 98% success rate, has opened an investigation into Jessica Jung, a financial advisor currently registered with Cambridge Investment Research and operating as Vast Wealth Advisors in Brentwood, Tennessee. This investigation follows recent investor complaints and regulatory actions that raise important questions for current and former clients.
Understanding Jessica Jung’s Professional Background
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Jessica Jung (CRD# 4922155) brings 20 years of securities industry experience to her current position with Cambridge Investment Research, where she operates under the business name Vast Wealth Advisors. Her extensive career includes registrations with several well-known financial institutions:
- Cambridge Investment Research (Current – since 2025)
- Aegis Capital
- LPL Financial
- Morgan Keegan & Company
- AmSouth Investment Services
- Morgan Stanley
Ms. Jung holds an impressive array of professional credentials, having passed five securities industry qualifying examinations and maintaining licenses in 17 states. These qualifications include the Series 7, Series 66, and specialized examinations that demonstrate technical knowledge in various investment areas.
Recent Investor Complaints Against Jessica Jung
Despite her extensive experience and credentials, Jessica Jung’s regulatory record reveals concerning patterns that investors should carefully consider. Her BrokerCheck report discloses multiple customer disputes that merit attention.
The most recent complaint, filed in September 2025 while Jung was associated with Aegis Capital, contains serious allegations including:
- Breach of fiduciary duty
- Unsuitable investment recommendations
- Omissions and misrepresentations of material facts
- Violations of FINRA rules
This pending complaint seeks unspecified damages and remains unresolved at the time of this investigation.
An earlier investor complaint from 2021 raised similar concerns during Jung’s time with LPL Financial. This complaint specifically alleged that she misrepresented and recommended unsuitable alternative investments. The severity of these allegations is underscored by the substantial settlement reached in 2023: $147,000 paid to resolve the dispute.
FINRA Disciplinary Action
Beyond customer complaints, Jessica Jung’s record includes a 2024 FINRA disciplinary action that resulted in professional sanctions. The regulatory body found that she mis-marked order tickets, causing her member firm to maintain inaccurate books and records. This violation led to:
| Sanction Type | Details |
| Suspension | One month |
| Monetary Fine | $5,000 |
Record-keeping violations, while sometimes viewed as technical infractions, actually represent serious regulatory concerns. Accurate books and records are fundamental to investor protection and market integrity.
Red Flags for Investors to Consider
When evaluating whether you may have been affected by unsuitable investment recommendations or misrepresentations, consider these warning signs:
- Pattern of complaints: Multiple investor disputes alleging similar conduct across different firms
- Alternative investments: Complex products that may not be suitable for all investors
- Regulatory sanctions: Disciplinary actions indicating compliance failures
- Substantial settlements: Large monetary resolutions suggesting serious investor harm
What This Means for Jessica Jung’s Clients
If you’ve worked with Jessica Jung at Cambridge Investment Research, Vast Wealth Advisors, or any of her previous firms, now is the time to carefully review your investment portfolio and account statements. Pay particular attention to:
- Alternative investments or complex products in your portfolio
- Investment recommendations that seemed inconsistent with your risk tolerance
- Unexplained losses or underperformance
- Discrepancies between what was promised and actual results
The combination of customer complaints, regulatory action, and a pattern of allegations across multiple firms creates a concerning picture that warrants careful attention from current and former clients.
Your Rights as an Investor
Investment losses caused by misconduct, unsuitable recommendations, or misrepresentations may be recoverable through FINRA arbitration. You have limited time to pursue claims, making prompt action essential. The securities arbitration process provides investors with a forum to seek compensation for losses caused by financial advisor misconduct.
Haselkorn & Thibaut has successfully recovered millions of dollars for investors nationwide. With a 98% success rate and a no recovery, no fee policy, the firm provides experienced representation without upfront costs.
Take Action Today
If you invested with Jessica Jung through Cambridge Investment Research, Vast Wealth Advisors, or her previous affiliations, and experienced losses or believe you received unsuitable investment advice, contact Haselkorn & Thibaut immediately for a free consultation at 1-888-628-5590. Their experienced attorneys can review your situation, explain your options, and help determine whether you have a viable claim for recovery. Don’t wait – protecting your financial future starts with understanding your rights and taking appropriate action.
