Last Updated: November 2023 (Boca Raton, FL)
Kerry Hoffman Investigation Summary
Here’s what you need to know about Boca Raton, FL, stockbroker Kerry Hoffman:
- Name: Mr. Kerry L. Hoffman
- Current Employer: B. Riley Wealth Mangement
- Previous Firms: National Securities Corp., Morgan Stanley, Raymond James Financial Services
- Function: Stock Broker/ Financial Advisor
- Aliases: Kerry Hoffman
- Primary Location: Boca Raton, FL
- CRD 2224354
- Can Kerry Hoffman be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $40,000
- Pending Customer Dispute Seeks Damages of $200,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Kerry Hoffman As Your Stockbroker?
A customer of National Securities Corporation filed a FINRA arbitration in 6/2023 alleging that Kerry Hoffman made unsuitable and speculative recommendations causing damages of $200,000. This matter is currently pending.
In 4/2023 a customer of National Securities Corp. was paid $40,000 to resolve a FINRA arbitration alleging that Hoffman made unsuitable recommendations related to annuities.
Allegations of Broker Misconduct Against Kerry Hoffman
Customers of Kerry Hoffman have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Recommended speculative investments
- Unsuitable recommendation to invest in an annuity
- Unauthorized trading
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Kerry Hoffman, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
