Patrick Kelly: $200K Complaint Against Shamrock Capital Advisor

Highlands Ranch, Colorado financial advisor Patrick Kelly (CRD# 1258726) recently received an investor complaint alleging that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Sigma Financial Corporation broker is registered as an investment advisor with Sigma Planning Corporation, doing business as Shamrock Capital.

Mr. Kelly’s BrokerCheck report discloses several investor complaints. The most recent, filed in April 2025, alleges that as a representative of Sigma Planning Corporation, he failed to follow instructions to sell the clients’ investments in order to avoid losses. The pending complaint alleges damages of $200,000.

An earlier investor complaint, filed in 2016, alleged that as a Sigma Financial representative, he misrepresented material facts, omitted information, and breached his fiduciary duty. The complaint reached a settlement of $36,000.

Shamrock Capital’s website includes a profile of Mr. Kelly in which he describes the firm’s services and approach. “We are dedicated to developing lasting relationships with all our clients. We believe in helping you assess your financial goals and participate in the management of your investments,” he explains. “One of the benefits of working with us is our ability to provide clear, easily understood explanations of how we do what we do. Shamrock Capital adheres to a strict discipline in regards to managing your investment and retirement portfolios.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Patrick Kelly holds 35 years of securities industry experience. Based in Highlands Ranch, Colorado, he has been registered as an investment advisor with Sigma Planning Corporation since 2008, doing business as Shamrock Capital. His past registrations include Sigma Financial Corporation, Presidential Brokerage, Stanford Group Company, Kirkpatrick Pettis Smith Polian, Painewebber, Hibbard Brown & Company, and Sherwood Capital. His credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Uniform Combined State Law Examination, or Series 66; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Colorado. (Information current as of May 12, 2025.)

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