DID BRIAN TROY HINSON CAUSE YOU INVESTMENT LOSSES?
Brian Hinson Of LPL Financial LLC Has 3 Customer Complaints For Alleged Broker Misconduct
About Brian Hinson of LPL Financial LLC?
Brian Hinson (CRD #2783737) Brian Troy Hinson has a long career in the financial services industry. Most recently, he registered with LPL Financial LLC from April 2015 to December 2023. Prior to that, he held positions at Lincoln Financial Advisors Corporation and The Lincoln National Life Insurance Company. Hinson has passed three general industry/product exams and one multi-state securities law exam and holds professional designations as a Certified Financial Planner, Chartered Financial Consultant, and Personal Financial Specialist. He is currently affiliated with Savant Wealth Management as a Managing Director and Financial Advisor.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Brian Hinson Customer Complaints and Reviews
Brian Hinson has three customer dispute disclosures on record, one of which is settled, another dismissed, and one currently pending.
- Settled Customer Dispute Filed: January 17, 2006
- Complaint: The claimant argued that variable annuities purchased in 1999 on Hinson’s recommendation were unsuitable for their circumstances.
- Resolution: Settled for $79,992, with Hinson contributing $9,999. The broker maintained that the claim arose due to general market losses rather than personal wrongdoing.
- Dismissed Customer Dispute Filed: November 8, 2004
- Complaint: The client claimed that a 2004 REIT purchase was unsuitable and requested the return of their investment due to undisclosed risks.
- Resolution: The claim, which requested $80,000 in damages, was denied on January 12, 2005.
- Pending Customer Dispute Filed: February 14, 2024
- Complaint: The claimant alleges an unsuitable recommendation of an oil and gas investment, with Hinson’s former firm, Lincoln Financial Advisors, handling the claim.
- Claimed Damages: $200,000
- Status: Pending arbitration under FINRA, docket number 24-00348.
Allegations Against Brian Hinson
- Unsuitable Investment Claims: Hinson has faced multiple customer disputes alleging unsuitable investment recommendations, including variable annuities, REITs, and oil and gas investments. The settled case related to variable annuities resulted in a $79,992 payment.
- Investment Objectives and Risk Disclosure Concerns: In the closed REIT case, the client argued that the investment did not align with their objectives and posed undisclosed risks, though it was ultimately denied.
- Ongoing Oil & Gas Dispute: The latest dispute, still in arbitration, involves allegations of an unsuitable recommendation in the high-risk oil and gas sector, with the claimant seeking $200,000 in damages.
Brian Hinson Red Flags & Your Rights As An Investor
Of course, Brian Hinson did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Brian Hinson at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Brian Hinson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At [LPL Financial LLC Due To Brian Hinson
If you have questions about LPL Financial LLC and/or Brian Hinson and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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