Galvin Legal, PLLC is launching an investigation on behalf of investors who may have suffered losses investing with Kestra Investment Services. If you suffered losses investing with Kestra Investment Services, then Galvin Legal, PLLC may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
UPDATE 4/30/2020: FINRA has censured and fined Kestra Investment Services $125,000 for purportedly helping certain recruited brokers take nonpublic personal customer information from their former firms and disclose it to a third-party vendor that assisted the representatives with their transition to the broker-dealer, without the other broker-dealer’s or the customers knowledge or consent.
Kestra Investment Services (CRD# 42046) (SEC# 8-49672)
As of April 4, 2020, Kestra Investment Services’s FINRA BrokerCheck Report contains the following:
13 Regulatory Event Disclosures
2 Arbitration Disclosures
Main Office Location
5707 SOUTHWEST PARKWAY
BUILDING 2, SUITE 400
AUSTIN, TX 78735
UNITED STATES
Mailing Address
5707 SOUTHWEST PARKWAY
BUILDING 2, SUITE 400
AUSTIN, TX 78735
UNITED STATES
Business Telephone Number
844-553-7872
Direct Owners and Executive Officers
KESTRA FINANCIAL, INC, SOLE MEMBER
BENNETT, JOEL VAN (CRD#:2047878), CHIEF FINANCIAL OFFICER
CHESTER, KRISTEN LAWLESS (CRD#:6896952), CHIEF OPERATING OFFICER, EXECUTIVE VICE PRESIDENT
PEDLOW, MICHAEL ROSS (CRD#:4871563), CHIEF COMPLIANCE OFFICER, SENIOR VICE PRESIDENT
POER, JAMES LYNN (CRD#:1983357), CHIEF EXECUTIVE OFFICER, PRESIDENT
SCHOENBECK, MARK PAUL (CRD#:2625829), EXECUTIVE VICE PRESIDENT
VANDERHEYDEN, JOHN PATRICK (CRD#:2235802), EXECUTIVE VICE PRESIDENT
YIN, YIN (CRD#:3219513), CONTROLLER
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses investing with Kestra Investment Services and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
This information is all publicly available and is being provided to you by Galvin Legal, PLLC.
Galvin Legal, PLLC is a national securities arbitration, securities mediation, securities litigation, securities fraud, securities regulation and compliance, and investor protection law practice. For more information on Galvin Legal, PLLC and its representation of investors, please visit www.galvinlegal.com or call 1-800-405-5117.
Formerly Known As, Aliases, and Affiliates
NFP ADVISOR SERVICES, LLC, NFP SECURITIES, INC., PARTNERS SECURITIES, INC., NFP ADVISOR SERVICES, LLC, NFP SECURITIES, INC., PARTNERS SECURITIES, INC.
