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Investors Allege Patrick Kelly Failed to Follow Instructions

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
August 19, 2025 at 3:11am

Patrick Kelly (CRD #: 1258726), a broker formerly registered with Sigma Financial Corporation, allegedly failed to follow clients’ instructions, according to his BrokerCheck record, accessed on July 27, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On April 17, 2025, multiple investors filed a dispute alleging that Patrick Kelly failed to follow instructions to sell their investments to avoid market loss in January 2025. The clients seek $200,000 in damages in this pending dispute.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Patrick Kelly has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66
  • Uniform Securities Agent State Law Examination – Series 63

He previously worked for the following firms:

  • Sigma Financial Corporation (CRD#:14303)
  • Presidential Brokerage (CRD#:28784)
  • Stanford Group Company (CRD#:39285)
  • Kirkpatrick, Pettis, Smith, Polian (CRD#:490)
  • R A F Financial Corporation (CRD#:1398)
  • Hibbard Brown & Company (CRD#:18246)
  • PaineWebber (CRD#:8174)
  • Sherwood Capital (CRD#:10474)
  • First Jersey Securities (CRD#:6621) 

Kurta Law Can Help

If you worked with Patrick Kelly and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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