Matthew Carbray Connected To Kestra Investor Arbitration Claim Regarding Unsuitable Advice

Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s disclosures.

Carbray Accused By Kestra Investment Services Client Of Unsuitable Recommendations

Particularly, on March 11, 2026, a Kestra Investment Services client filed FINRA Arbitration No. 26-00557 about Matthew Carbray. Primarily, the client alleged that Carbray made unsuitable recommendations involving alternative investments. Because of this, the client allegedly sustained damages. As a result, the client requested compensation from Kestra Investment Services or Carbray. BrokerCheck shows that this arbitration is awaiting a resolution.

Matthew Carbray Disclosed Kestra Client’s Allegations Of Sales Practice Violations In REITs

Additionally, a client of Kestra Investment Services disputed Carbray’s sales practices, according to a complaint dated October 14, 2024. Allegedly, Carbray made an unsuitable recommendation involving a real estate investment trust. It appears that Carbray allegedly caused the client to sustain damages. Therefore, the client sought compensation from Kestra Investment Services or Carbray in the amount of $25,000 in this matter. The firm denied the complaint on November 4, 2024.

Did You Invest Through Securities Broker / Financial Advisor Carbray?

Do you need guidance on any investment losses relating to Matthew Carbray? You can contact Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the country. Also, our securities lawyers work on a contingency fee basis and advance all costs. Carbray and the brokerage firms Carbray worked for deny allegations of sales practice violations.