AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Why Advisor Check
JK

James J. Konaxis

Some features on this profile are disabled
CRD#: 1664406
JK

Professional summary


James John Konaxis was barred by both the FINRA and the SEC from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

James is a previously registered financial advisor and started their career in finance in 1987. Prior to being barred, James had worked at 13 firms, which includes SUMMIT BROKERAGE SERVICES INC., INVESTORS CAPITAL CORP., SENTINEL PENSION ADVISORS LLC., SENTINEL SECURITIES LLC., RAYMOND JAMES FINANCIAL SERVICES INC., MORGAN STANLEY & CO. LLC, MORGAN STANLEY DW INC., WELLS FARGO CLEARING SERVICES LLC, CITIGROUP GLOBAL MARKETS INC., CIBC WORLD MARKETS CORP., J.P. MORGAN SECURITIES LLC, THOMSON MCKINNON SECURITIES INC., LEHMAN BROTHERS INC..

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


James Konaxis | Jay Konaxis

Other business activities


Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

July 28, 2010 - November 29, 2010

SUMMIT BROKERAGE SERVICES, INC.

BD
CRD#: 34643
BEVERLY, MA
Past

May 24, 2010 - July 2, 2010

INVESTORS CAPITAL CORP.

RIA
CRD#: 30613
BEVERLY, MA
Past

May 21, 2010 - July 2, 2010

INVESTORS CAPITAL CORP.

BD
CRD#: 30613
BEVERLY, MA
Past

February 26, 2009 - June 7, 2010

SENTINEL PENSION ADVISORS, LLC.

RIA
CRD#: 109901
WAKEFIELD, MA
Past

April 4, 2008 - June 7, 2010

SENTINEL SECURITIES, LLC.

BD
CRD#: 110942
PEABODY, MA
Past

December 3, 2007 - April 8, 2008

RAYMOND JAMES FINANCIAL SERVICES, INC.

BD
CRD#: 6694
BURLINGTON, MA
Past

April 2, 2007 - December 6, 2007

MORGAN STANLEY & CO. LLC

BD
CRD#: 8209
MIDDLETON, MA
Past

February 6, 2004 - April 2, 2007

MORGAN STANLEY DW INC.

BD
CRD#: 7556
DANVERS, MA
Past

October 11, 2000 - February 6, 2004

WELLS FARGO CLEARING SERVICES, LLC

BD
CRD#: 19616
ST. LOUIS, MO
Past

July 18, 1997 - October 17, 2000

CITIGROUP GLOBAL MARKETS INC.

BD
CRD#: 7059
NEW YORK, NY
Past

January 6, 1995 - June 27, 1997

CIBC WORLD MARKETS CORP.

BD
CRD#: 630
NEW YORK, NY
Past

September 8, 1989 - December 21, 1994

J.P. MORGAN SECURITIES LLC

BD
CRD#: 79
NEW YORK, NY
Past

April 5, 1989 - August 28, 1989

THOMSON MCKINNON SECURITIES INC.

BD
CRD#: 829
NEW YORK, NY
Past

May 21, 1987 - March 29, 1989

LEHMAN BROTHERS INC.

BD
CRD#: 7506
NEW YORK, NY

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
RR
IAR
Series 66
Date: 10/16/2008
Uniform Combined State Law Examination
State Security Law Exam
General Industry/Product Exam

Current Firm


SB
SUMMIT BROKERAGE SERVICES, INC.
SUMMIT BROKERAGE SERVICES | SUMMIT FINANCIAL GROUP, INC. | SUMMIT BROKERAGE SERVICES, INC.

CRD#: 34643 / SEC#: , 8-46310

BD
Terminated by SEC on 12/02/2019
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information


Main Address
Mailing Address
Phone number
Established
Florida since 09/03/1993
Firm type
Corporation
Fiscal year end
December
# of Employees

Documents


Direct owners and executive officers


NamePositionCRD#
SUMMIT FINANCIAL SERVICES GROUP, INC.HOLDING COMPANY FOR APPLICANT
BONNEAU, CATHERINE MCCORMACKCHIEF OPERATING OFFICER2899706
FRAM, FREDERICK GORDONCHIEF COMPLIANCE OFFICER AND SECRETARY1701062
HARRISON, BRETT LAMARDIRECTOR4032238
JACOBS, STEVEN CRAIGVICE PRESIDENT AND PRINCIPAL FINANCIAL OFFICER1676431
KESTERSON, BARBARA JOPRINCIPAL OPERATIONS OFFICER2747533
LEEDS, MARSHALL TODDDIRECTOR, CHIEF EXECUTIVE OFFICER AND PRESIDENT1014569
NEARY, JOSEPH DANIELMANAGER2993505
OLSON, GREGORY ALANASSISTANT SECRETARY2692482
SHELSON, MARK PAULTREASURER1819252
SMILEY, STANLEY ROBERTVICE PRESIDENT3004604

Disclosures


Regulatory Event16
Arbitration5

Red Flags


Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information


SUMMIT BROKERAGE SERVICES, INC.

CRD#: 34643

TRUST BUT VERIFY

Monitor James Konaxis

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors


Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
footer-logo

AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.
© 2025 AdvisorCheck, an AIMR Analytics company.
All rights reserved.
Powered ByAIRM Analytics