Articles Posted in First Allied Securities

Sarasota, Florida Investment Advisor Still Operates Kennon Financial

David Robert Kennon, a former First Allied Securities stockbroker, has three customer disputes listed on his BrokerCheck in which the claimants have accused him of making unsuitable investment recommendations. 

Kennon, who is no longer a registered broker, remains a registered investment advisor in Sarasota, Florida where he runs Kennon Financial. Our Florida investment fraud lawyers are investigating claims of losses by customers of David Kennon. 

Florida Investment Advisor is Now With Kovack Securities & Runs Gulf Coast Wealth Advisors 

Jeffrey Labelle, a registered investment advisor, has been named in 17 customer disputes of which 11 claims were brought over the last two years and are still pending. 

Most recently, Labelle was an LPL Financial broker from 2018 to 2019. Before that, he was a First Allied Securities financial advisor for five years. He also used to be registered with several other firms. In 2020, he joined Kovack Securities and is head of Gulf Coast Wealth Advisors. 

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