Advisor Alert: Our Attorneys Are Investigating Kimsey Allen Hollifield For Investment Fraud

Did You Lose Money Because of Kimsey Hollifield?

Filed: March 19, 2024

Kimsey Hollifield has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Kimsey Allen Hollifield.

Who Is Kimsey Allen Hollifield of Brookstone Wealth Advisors, LLC?

  • Advisor Name: Kimsey Allen Hollifield
  • Aliases: Kimsey Hollifield
  • CRD: 5851037
  • Location: Wheaton, Illinois
  • Current Employer: Brookstone Wealth Advisors, LLC
  • Previous Firms: Alphastar Capital Management, LLC and Retirement Wealth Advisors, Inc.
  • Number of Known Customer Complaints: 1
  • Can Kimsey Hollifield Be Sued: Yes, in Private Arbitration
  • Can Kimsey Hollifield’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $35,499
  • Highest Settlement: $6,780.82

If you have suffered investment losses by Kimsey Hollifield, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Kimsey Hollifield For Broker Misconduct

As of this publication date, Kimsey Hollifield has been the subject of 1 customer dispute. Let’s review it below.

In September 2022, a complaint was filed against or in reference to Kimsey Hollifield by a customer of Alphastar Capital Management, LLC alleging that Mr. Hollifield misrepresented the terms and made an unsuitable recommendation related to the purchase of a Structured Note. The note was subsequently rescinded by the issuing bank, and client requested to participate in the rescission offer; however, financial advisor failed to submit client’s request for rescission during the 30-day window for the rescission offer. Mr. Hollifield moved to a new advisory firm and failed to disclose affiliation with the new firm to the client during a client meeting. Per the customer, he/she lost over $35,499 because of Mr. Hollifield’s actions. On September 22, 2022, Mr. Hollifield settled the claim for $6,780.82, and some or all of this amount may have been paid by Mr. Hollifield’s employer and/or insurance carrier.

How To File A Claim Against Kimsey Hollifield of Brookstone Wealth Advisors, LLC (previously with Alphastar Capital Management, LLC and Retirement Wealth Advisors, Inc.) To Get Your Money Back

If you have questions about Kimsey Hollifield, Brookstone Wealth Advisors, LLC, Alphastar Capital Management, LLC, Retirement Wealth Advisors, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.