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Read MoreBrendan Kelly: IFP Advisor Faces Misrepresentation Complaint
Downington, Pennsylvania financial advisor Brendan Kelly (CRD# 2208036) recently received an investor complaint alleging that his conduct resulted in losses. Financial Industry Regulatory Authority records show that the former Alera Investment Services representative is currently registered as a broker and an investment advisor with IFP Securities.
Mr. Kelly’s BrokerCheck report discloses one recent investor complaint. The most recent, filed in September 2024, alleges that he made misrepresentations regarding a variable annuity investment. The pending complaint alleges unspecified damages.
An earlier investor complaint, filed in 2010, alleged that as a representative of Cambridge Investment Research, he recommended an unsuitable real estate investment trust (REIT) product. The complaint alleged damages of $125,000 and was denied by the firm.
A third disclosure on his BrokerCheck report concerns his termination from Alera Investment Advisors. Filed in April 2024, it states that the firm fired him in connection with allegations that he violated an unaffiliated broker-dealer’s policy, and that a “subsequent investigation revealed additional policy violations.”
According to the Financial Industry Regulatory Authority, Brendan Kelly holds 32 years of securities industry experience. Based in Downington, Pennsylvania, he has been registered as a broker with and an investment advisor with IFP Securities and Independent Financial Partners, respectively, since September 2024. His past registrations include Alera Investment Advisors, Triad Advisors, LPL Financial, Lincoln Financial Advisors Corporation, Cambridge Investment Research, NFP Securities, Investment Advisors & Consultants, and New England Securities. His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in California, Delaware, New York, Pennsylvania, and Texas. (Information current as of October 12, 2024.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.
