There are options for clients of Raymond James Financial Services, Inc. broker Richard Kelton (CRD# 2473749) who suffered investment losses. Kelton has been registered with Raymond James Financial Services, Inc. in Latham, New York since September 2019. Previously, Kelton was registered with Northwestern Mutual Investment Services, LLC in Latham, New York from 1994 to 2019.
Kelton has been the subject of one customer complaint in 2020, according to his CRD report:
April 2020. “Client alleges unsuitable investments.” The customer is seeking $692,510 in damages and the case is currently pending. The complaint took place while Kelton was registered with Raymond James Financial Services, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Raymond James Financial Services, Inc. may be liable for investment or other losses suffered by Kelton’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.