Last Updated: April 2025 | Boca Raton, FL
John Holly Sr. Investigation Summary
Here’s what you need to know about Boca Raton, FL, stockbroker John T. Holly Sr.:
- Name: John Thomas Holly Sr.
- Current Employer: Kestra Investment Services, LLC / Kestra Advisory Services, LLC
- Prior Employers:
- B. Riley Wealth Management (2022–2024)
- National Securities Corporation (2004–2022)
- Wachovia Securities
- Function: Stockbroker / Financial Advisor
- CRD Number: 1713313
- Primary Location: Boca Raton, FL
- DBA: Wealth Empowerment Financial Strategies
- Alias: Tom Holly
- Can Tom Holly be sued in FINRA arbitration? Yes
- Sanctioned by FINRA or other regulators? No
- Pending Customer Dispute Seeking Damages: $5,281,000
- Highest Settlement or Award: $37,500
If you’ve sustained damages from Mr. Holly, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With John Holly Sr. As Your Stockbroker?
Mr. Holly has been the subject of two customer disputes.
Pending Arbitration Case:
- Forum: FINRA
- Case #: 24-01350
- Filing Date: December 4, 2024
- Allegations:
- The customer claims Mr. Holly intimidated him after a failure to pay an account balance
- Damages Sought: $5,281,000
Settled Arbitration Case:
- Forum: FINRA
- Case #: 22-01592
- Filing Date: July 18, 2022
- Resolution Date: May 10, 2023
- Allegations:
- Unsuitable and risky recommendation of GWG Private Placement
- Settlement Amount: $37,500
Allegations of Broker Misconduct Against John Holly Sr.
- Unsuitable Investment Recommendations
The 2022 settled complaint involved GWG private placements — a high-risk, illiquid product often unsuitable for conservative or income-focused investors. If the investment was not aligned with the client’s financial profile, it may constitute a violation of FINRA Rule 2111 (Suitability).
- Intimidation and Coercion Allegations
In the 2024 pending case, the customer accuses Mr. Holly of intimidation tied to a debt dispute — a highly unusual claim in a FINRA forum.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by John “Tom” Holly Sr., 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.