Kay Properties EVP · FNEX · CRD 6081963
Jason Salmon
Kay Properties EVP. FNEX Capital CRD 6081963. Commissioned seller on AW Newport. $1.5 million WealthForge settlement. Claimant's counsel named Nelson/Buckingham DSTs in a later case.
Kay Properties & Investments executive vice president. Same national 1031/DST desk as Chay Lapin. Securities through FNEX Capital, LLC (CRD 166316) since 23 Jan 2022. Torrance, CA. U4 also lists DBA Cove Capital Investments.
Commissioned seller on AW Newport with Lapin. Form D associated BD was WealthForge Securities, LLC (CRD 152550).
Prior registrations: Growth Capital Services (23 Jul 2020–14 Jan 2022); WealthForge (12 Jun 2017–28 Jul 2020); Colorado Financial Service Corporation (23 Jul 2015–8 Jun 2017). Also EDI Financial and Allied Beacon.
BrokerCheck as of 20 Aug 2026: 4 customer disputes (3 settled, 1 pending). All WealthForge-era private placements. Individual contribution $0 on the settlements — the BD paid.
- Settled 6 Dec 2023: $1,500,000. Mar 2022 claim: WealthForge failed due diligence; salesperson allegedly called an offering “safe.” His line: claim was against the BD, not him; he did not participate in the settlement.
- Settled 10 Feb 2026: $30,000 on a $999,999 alleged-damages claim (notice 7 Aug 2024; activity 2017–22). Rex Securities Law, counsel on that matter, listed among the products: Nelson Partners, Nelson Brothers Gathering DST, Buckingham DST, Elevate Bellingham. That is a claimant-counsel product list, not a Form D. His line: no losses to date; client reinvested with him in 2023; claim aimed at the BD.
- Settled 16 Oct 2025: $87,500. 2019 private-placement activity.
- One still pending (WealthForge, 2019 activity).