Investor Alleges William Duffy Made Unsuitable Investment Recommendations
Will Duffy (CRD #: 6726333), a broker registered with Innovation Partners, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on November 28, 2022. Investors may have also worked with him through ShareNett Securities, Direct Source Wealth Advisory, or WD Wealth Strategies. Read on to learn more about his alleged conduct as a broker.
On October 20, 2022, an investor alleged that Will Duffy gave unsuitable investment recommendations. The client seeks $100,000 in this pending dispute.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to take into account investors’ financial goals when recommending investments. Brokers must consult an investor’s profile, which describes characteristics like risk tolerance, tax status, and age.
Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.
Will Duffy has passed the following exams:
- Series 65 – Uniform Investment Adviser Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- Series 7TO – General Securities Representative Examination
- SIE – Securities Industry Essentials Examination
- Series 22 – Direct Participation Programs Representative Examination
Will Duffy is a registered broker in all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands. He is also a registered investment adviser in Puerto Rico.
He has also worked for the following firms:
- Emerson Equity (CRD#:130032)
- Accelerated Wealth Advisors (CRD#:170022)
- Kingstone Capital Partners Texas (CRD#:281593)
Kurta Law Can Help
If you worked with Will Duffy and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.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 and 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.