Avantax Investment Services, Inc. broker Kevin Kelly (CRD# 2293119) is accused of unsuitable investment recommendations. He has been registered with Avantax Investment Services, Inc. in Atlanta, Georgia, since 2021. Previously, he was registered with LPL Financial LLC in Atlanta, Georgia, from 2010 to 2021, and with IFG Advisory, LLC in Atlanta, Georgia, from 2013 to 2021.
Kevin Kelly Customer Complaints
He has been the subject of three customer complaints between 2023 and 2024, according to his CRD report:
March 2024. “Customer alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance.” The case is currently pending. The complaint was regarding real estate securities losses, and it took place while he was registered with LPL Financial LLC.
August 2023. “Customers allege the investments they purchased were not suitable.” The customer sought $585,000 in damages, and the case was settled for $284,000. The complaint was regarding structured notes investment losses, and it took place while he was registered with Avantax Investment Services, Inc.
August 2023. “Customer alleges that certain investments that she purchased were unsuitable and/or unauthorized.” The customer is seeking $473,739.14 in damages, and the case is currently pending. The complaint was regarding structured notes investment losses, and it took place while he was registered with Avantax Investment Services, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Avantax Investment Services, Inc. may be liable for investment or other losses suffered by Kevin Kelly’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
