Haselkorn & Thibaut has initiated an investigation into Todd Kennedy (CRD# 1002060), a financial advisor based in Golden Valley, Minnesota, currently registered with The Oak Ridge Financial Services Group and formerly with Herbert J. Sims & Company.
If you are an investor who worked with Todd Kennedy, you may have questions about his background, regulatory status, and any potential red flags. This comprehensive research report is designed to give you a thorough, easy-to-understand overview of his professional history, complaint record, and key points to consider as you review your investment holdings. Your financial security and peace of mind are our top priorities.
Overview of Todd Kennedy – Golden Valley, MN Financial Advisor
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Todd Kennedy is a veteran in the securities industry, with a career spanning more than 40 years. He is currently a registered broker with The Oak Ridge Financial Services Group, serving clients in multiple states, including Arizona, Florida, Idaho, Iowa, Minnesota, North Dakota, and South Dakota.
His previous industry experience includes serving in representative roles at several established broker-dealers, such as:
- Herbert J. Sims & Company
- PrimeVest Financial Services
- Marshall Financial
- Wells Fargo Brokerage Services & Wells Fargo Investments
- RJ Steichen & Company
- Elan Investment
- Piper Jaffray
- Marquette Financial Services
- Dean Witter Reynolds
- IRI Securities Corporation
- Alstead Strangis & Dempsey
CREDENTIALS: Todd Kennedy has successfully completed the industry-standard Securities Industry Essentials Examination (SIE), the General Securities Representative Examination (Series 7), and the Uniform Securities Agent State Law Examination (Series 63).
Complaints & Regulatory Record: What Investors Should Know
| Source | Complaints/Actions Found | Details |
|---|---|---|
| FINRA BrokerCheck (check here) | None as of March 1, 2026 | No customer complaints, arbitrations, regulatory actions, criminal, or civil actions reported. |
| SEC Filings | None | No enforcement actions, orders, or proceedings found under Todd Kennedy. |
| Court Records | None | No state or federal civil litigation found involving Todd Kennedy as a broker or advisor. |
| News/Media Search | None | No press releases or news articles alleging misconduct, disputes, or investigations. |
Investor Complaint (as of January 2026): One investor has filed a suitability complaint, currently pending, which alleges unsuitable recommendations involving municipal bonds, stocks, and private placements. The complaint covers Todd Kennedy’s activities while serving clients at Herbert J. Sims & Company. The damages sought in this claim are unspecified, and no determination has been made.
Importantly, no other customer complaints, regulatory actions, or legal proceedings have been recorded against Todd Kennedy through FINRA, the SEC, or court databases at this time. If you are aware of any issues or have specific concerns about your account, you are encouraged to review your statements and reach out to an experienced securities attorney.
Understanding Suitability Complaints & What It Means for Investors
A “suitability” complaint typically alleges that an advisor recommended investments that were not appropriate given the client’s financial profile, investment goals, risk tolerance, or experience. Under FINRA Rule 2111, all registered representatives must take reasonable steps to ensure their recommendations match the specific needs and circumstances of each individual client.
Factors reviewed under the suitability standard include:
- Age and investment experience
- Financial situation and objectives
- Risk tolerance and time horizon
- Liquidity needs and tax status
If an advisor breaches these obligations by recommending unsuitable products or failing to conduct proper due diligence, investors could be entitled to compensation for any resulting losses. Even pending complaints are an important signal for investors to review their account activity, particularly if you have purchased similar products (such as municipal bonds or private placements).
What Can You Do If You Have Concerns?
If you are a client of Todd Kennedy at The Oak Ridge Financial Services Group or his previous firm, and you are concerned about your investments or have experienced significant losses, you are not alone. Haselkorn & Thibaut (investmentfraudlawyers.com) is a national law firm with over 50 years of experience focused exclusively on representing investors in disputes with financial advisors and brokerage firms. With a 98% success rate and millions recovered for clients, our team offers a confidential, free initial case evaluation. There is no fee unless we win your case.
- Were you sold investments you didn’t understand?
- Did your advisor recommend high-risk, illiquid, or complex products?
- Do you have unexpected investment losses?
Haselkorn & Thibaut’s investigation is ongoing, and we want to hear directly from investors like you. Your feedback is critical and may help others in similar situations.
How to Contact Haselkorn & Thibaut (Free Consultation)
If you or a loved one have questions about your investments with Todd Kennedy in Golden Valley, Minnesota, at The Oak Ridge Financial Services Group or Herbert J. Sims & Company, call us now at 1 888-885-7162.
Our consultations are always free and completely confidential. Discover your options and safeguard your financial future today. No recovery, no fee.
