Last Updated: October 2025 — Louisville, KY
Here’s what you need to know about Louisville, KY stockbroker Kevin Duffy:
- Name: Kevin F. Duffy
- Current Employer: Not currently registered with a FINRA-member broker-dealer (former Raymond James & Associates; former Merrill Lynch)
- Prior Firms:
- Raymond James & Associates, Inc. (Louisville, KY) — 12/2008–07/2023
- Merrill Lynch, Pierce, Fenner & Smith Incorporated (Louisville, KY) — 02/2002–12/2008
- Other Business Affiliations: “Hooterville Farm,” Greenville, IN
- CRD number: 4481935
- Stockbroker / Financial Advisor. Not currently registered; previously passed Series 7, Series 31, SIE, and Series 66 (state) exams
- Can Broker be Sued in FINRA: Yes
- Highest Award or Settlement: $150,000
If you’ve sustained damages from Mr. Duffy, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Kevin F. Duffy As Your Stockbroker?
Dispute items disclosed on Mr. Duffy’s BrokerCheck report:
- Raymond James & Associates (Mutual Funds) — Client alleged the FA “neglected fiduciary responsibilities” when recommending investments; activity dates 01/09/2019–01/18/2023. Settled August 2023 for $150,000
- Merrill Lynch (Mutual Funds) — FINRA Arbitration Case No. 09-02904 — Filed May 2009; customer alleged unsuitable recommendations and misrepresentation; settled June 2010 for $105,000
- Raymond James & Associates (ETFs) — Written complaint received December 8, 2022 alleging unsuitable investments (product: ETFs) seeking $124,208.58; status Denied on May 24, 2023.
Allegations of Broker Misconduct Against Kevin F. Duffy
- Unsuitability — Customers alleged investment recommendations inconsistent with objectives and risk tolerance, which, if proven, may violate FINRA Rule 2111 (Suitability) and, for post-June 30, 2020 recommendations, the SEC’s Regulation Best Interest (Exchange Act Rule 15l-1).
- Breach of Fiduciary Duty — One complaint claimed the FA neglected fiduciary responsibilities in mutual fund recommendations (2019–2023); arbitrators often evaluate this under FINRA Rule 2010 (Standards of Commercial Honor) together with Reg BI’s Care Obligation for retail recommendations.
- Fraud / Misrepresentation — Merrill matter alleged misrepresentation; such conduct, if established, implicates FINRA Rule 2020 (Use of Manipulative, Deceptive, or Other Fraudulent Devices) and Rule 2010.
- Unauthorized Trading — Not specifically alleged in the disclosed items; however, where present, it is typically evaluated under FINRA Rule 3260 (Discretionary Accounts) and Rule 2010. (No such allegation appears in Duffy’s listed disclosures.)
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations of Raymond James Advisors
If you have suffered investment losses in an account handled by Kevin F. Duffy, 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.