Kerry Dean Wills (Kerry Wills) – Financial Advisor/Broker Kerry Wills Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Kerry Dean Wills (Kerry Wills) CRD #1353739
Kerry Wills has been a registered financial advisor with First Western Securities, Inc. since 2009. According to FINRA, Kerry Wills was suspended from the securities industry for six months in February 2020. According to FINRA, Kerry Wills was suspended from the securities industry in February 2020.
According to FINRA Allegations:
Kerry Wills consented to the sanctions and to the entry of findings that Kerry Wills borrowed $150,000 from a 90-year-old customer in violation of his member firm’s procedures. The findings stated that at the time of the loan, the customer-maintained accounts at the firm, and Kerry Wills was the broker of record assigned to the customer’s account. The loan was memorialized with a promissory note that provided for a ten-year term and a two percent interest rate. Kerry Wills never disclosed the loan to his firm or otherwise sought an exemption from the firm’s procedures prohibiting the acceptance of a loan from a firm customer. Kerry Wills made one annual payment on the loan but the customer never cashed the check. The customer passed away six months later, leaving a trust document that provided for loan forgiveness. The findings also stated that Wills accepted a gift of approximately $19,500 in luxury travel from the customer. Kerry Wills did not disclose the travel gifts on the firm’s gifts and gratuities logs, despite the requirement that he do so, in violation of the firm’s procedures
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Kerry Wills and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Kerry Wills’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Kerry Wills and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 3/16/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
Kerry Wills, Financial Advisor, Broker, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, SEC, Financial Advisor, Broker, Kerry Wills