Firm Overview: Haselkorn & Thibaut
- 50+ years combined experience.
- Over 98% success rate.
- Millions recovered nationwide for clients.
- No recovery, no fee. Schedule your free consultation at 1-888-994-8066.
Who is Michael J. Collins of Kingsbury Capital Investment Advisors, LLC?
Table of Contents
- Name: Michael Jason Collins
- CRD Number: 2915653
- Current Registration: Investment Adviser Representative
- Primary Office: 1560 Sherman Ave., Suite 510, Evanston, IL 60201
Michael J. Collins has an extensive history in the brokerage and investment advisory industry, with registrations dating back to 1999. He is currently an Investment Adviser Representative at Kingsbury Capital Investment Advisors, LLC. Previously, he held broker-dealer registrations with multiple well-known firms:
- Kingsbury Capital, Inc.
- Robert W. Baird & Co. Incorporated
- Morgan Stanley Smith Barney
- Morgan Stanley & Co. Incorporated
- Morgan Stanley DW Inc.
- Citigroup Global Markets Inc.
Regulatory Actions and Red Flags: Michael J. Collins
Investors trust their financial professionals to act transparently and in their best interest. However, Michael J. Collins has faced regulatory sanctions and customer disputes over the years. Reviewing these events is an important step in understanding potential risks associated with an advisor.
Key Regulatory and Disclosure Events
| Date | Nature of Event | Description/Outcome |
|---|---|---|
| 11/18/2019 | FINRA Regulatory Action (AWC) | Five-month suspension and $10,000 fine for participating in private securities transactions (~$200,000) without prior firm approval (“selling away”) while at Robert W. Baird & Co. Incorporated. Relevant Rule: FINRA Rule 3280. |
| 10/23/2017 | Discharge from Employer | Discharged by Robert W. Baird & Co. Incorporated for “introducing a client to a private investment without firm approval”. |
| 06/03/2025 | Customer Dispute (Settled) | Written complaint (Kingsbury Capital Investment Advisors, LLC) alleging over-concentration of an equity position (Nov 2024). Alleged damages: $100,000; Settled for $80,000 (Mr. Collins reported individual contribution: $80,000). |
| 03/05/2018 | Customer Dispute (Settled) | Allegation of excessive fees in Unit Investment Trusts (Robert W. Baird & Co. Incorporated); Settlement: $18,538 (no individual contribution). |
Potential Red Flags and Allegations
- Selling Away (Private Securities Transactions): Participating in private investments without firm approval is a significant regulatory violation. The 2019 FINRA action against Mr. Collins originated from such conduct.
- Over-Concentration: The 2025 customer complaint alleged that advice led to holding too much of a single security (“over-concentration”), exposing the investor to unnecessary risk.
- Excessive Fees: Allegations concerning costly product recommendations in 2018 resulted in compensation to a client.
- Regulatory Sanctions: Disciplinary action and suspension are noteworthy for any investor evaluating the risk profile of a financial advisor.
Understanding Your Rights as an Investor
As an investor, you have the right to expect suitable advice and full disclosure from financial advisors. If recommendations violate FINRA’s Suitability Rule (2111) or the SEC’s Regulation Best Interest, you may have grounds to recover losses. Examples of violations that could entitle you to compensation include:
- Recommendations that are unsuitable based on your income, experience, or goals
- Failure to properly diversify your portfolio (over-concentration)
- Engaging in unapproved private investments (selling away)
- Charging excessive fees or costs
- Failing to disclose all material facts or conflicts of interest
Summary Table: Michael J. Collins – Regulatory and Customer Complaint History
| Date | Firm | Issue | Resolution |
|---|---|---|---|
| 11/18/2019 | Robert W. Baird & Co. Inc. | Private securities transactions without firm notice | Suspension & Fine ($10,000) |
| 06/03/2025 | Kingsbury Capital Investment Advisors, LLC | Over-concentration | Settled ($80,000 payout) |
| 03/05/2018 | Robert W. Baird & Co. Inc. | Excessive fees | Settled ($18,538) |
Why a Haselkorn & Thibaut Review Matters
Haselkorn & Thibaut is actively investigating Michael J. Collins and his record with Kingsbury Capital Investment Advisors, LLC and prior broker-dealer affiliations. Our experienced attorneys understand the complexities of investment loss recovery and work on a contingency
basis—no fees unless you recover money. Our process is confidential and begins with a comprehensive file review at no cost to you.
Next Steps: Take Action if You Suffered Losses
- Don’t wait: Time limits (called “statutes of limitation”) may apply to your claim.
- Contact Haselkorn & Thibaut at 1-888-994-8066 to schedule your no-obligation consultation. Our team will provide a free, clear evaluation of your situation—and help you understand if and how recovery is possible.
- Your consultation is confidential. No upfront costs. If we accept your case, there is no fee unless we recover for you.
Concerned about your portfolio or advice from Michael J. Collins in Evanston, Illinois or at Kingsbury Capital Investment Advisors, LLC? We encourage you to take a proactive stance—reach out today and protect your financial future.
