Haselkorn & Thibaut has recently opened an investigation into financial advisor Jon Mesmer (CRD# 2179965), based in Aberdeen, South Dakota and registered with Berthel Fisher & Company. If you have invested with Mr. Mesmer—especially in relation to private placements or alternative investments—you may be interested in the following detailed research report designed to help you make informed decisions about your financial recovery options.
Who is Jon Mesmer?
Table of Contents
Jon Mesmer is a financial advisor and broker currently licensed with Berthel Fisher & Company and BFC Planning. With over 34 years of experience in the securities industry, Mr. Mesmer has worked at several well-known broker-dealers, including AXA Advisors and Wells Fargo. He holds key industry qualifications, such as the Series 7, 6, 63, and 65 licenses, and is authorized to operate in several states, including South Dakota, Arizona, California, Texas, Minnesota, and others.
Summary Table: Jon Mesmer at a Glance
| Full Name | Jon Mesmer |
| CRD# | 2179965 |
| Primary Office | Aberdeen, South Dakota |
| Broker-Dealer | Berthel Fisher & Company |
| Licenses | Series 7, 6, 63, 65 |
| States Licensed | SD, AZ, CA, FL, IA, KS, KY, MN, MO, NE, ND, TX |
| Years of Experience | 34+ |
Red Flags and Investor Concerns
- Involvement in Private Placements: Mr. Mesmer was listed on a securities offering Form D for Inspired Healthcare Capital, a senior living development investment that recently filed for bankruptcy.
- Commissions from High-Risk Investments: Inspired Healthcare reportedly paid out over $100 million in fees and commissions via a network of independent contractor broker-dealers, including Berthel Fisher & Company representatives.
- Distribution Issues: Many investors in Inspired Healthcare stopped receiving regular distributions, as reported in the news surrounding the bankruptcy case.
- Unsuitable Investment Allegations: A notable investor complaint alleged that Mr. Mesmer sold unsuitable investments—specifically during his time with Berthel Fisher & Company.
Specific Complaints and Disclosures
- 2009 Customer Complaint: The only dispute reported on Mr. Mesmer’s public record was filed in 2009, alleging that he recommended and sold an unsuitable investment strategy. This claim was settled in 2011, with the customer receiving $130,000.
No regulatory actions (such as fines or suspensions by FINRA or the SEC), no criminal charges, and no bankruptcy filings against Mr. Mesmer were found in the public record.
What Does “Unsuitable Investment” Mean?
The Financial Industry Regulatory Authority (FINRA) requires advisors to recommend investments that are appropriate for each individual client’s profile. If an advisor suggests products that carry excessive risk or do not match your investment needs, goals, or risk tolerance, this may be considered “unsuitable.” According to FINRA Rule 2111, brokers must understand your financial situation and recommend investments that are in your best interest. When they fail to uphold these duties, investors may be entitled to pursue recovery.
Private Placements and Inspired Healthcare Capital
With Mr. Mesmer’s name appearing on Form D filings for Inspired Healthcare Capital, investors should be aware that private placement investments can carry additional risks—illiquidity, lack of transparency, and high commission incentives for brokers. Inspired Healthcare ultimately filed for bankruptcy, and distributions to investors ceased. If you participated in this investment through Mr. Mesmer or Berthel Fisher & Company, you may have a claim for potential recovery.
Due Diligence Steps for Investors
- Review your investment documentation to determine if you purchased Inspired Healthcare or other private placements through Mr. Mesmer.
- Check your account statements for high-risk or non-traditional products sold by Berthel Fisher & Company.
- Monitor your distributions. If payments have stopped or declined, this could indicate a serious issue tied to the product or advisor conduct.
- Use FINRA BrokerCheck for up-to-date records on Jon Mesmer’s disclosures and history.
- Consult with an investment fraud lawyer to review your options and, if needed, file a recovery claim.
Why Contact Haselkorn & Thibaut?
Haselkorn & Thibaut (investmentfraudlawyers.com) is a national law firm focused exclusively on representing investors in disputes with financial advisors and broker-dealers. With over 50 years of experience and a 98% success rate, their attorneys have recovered millions for clients. They work on a contingency basis—meaning no recovery, no fee. Getting a confidential case review costs nothing and provides clarity on your rights and prospects for recovering losses.
Next Steps: Free Consultation
- If you believe you suffered losses investing through Jon Mesmer or Berthel Fisher & Company, especially in products like Inspired Healthcare Capital, take action now.
- Gather your relevant account statements and make a note of any communications with your advisor about product risks or expectations.
- Contact Haselkorn & Thibaut for a free, confidential consultation. Their team will evaluate your situation and guide you through potential recovery options.
Call 1-888-885-7162 today for your no-obligation consultation. Don’t delay—eligibility windows and evidence details can impact your ability to secure a financial recovery. Take control of your investment future and let experienced counsel advocate for you.
