Investigating Claims – Edward Hill, LPL FINANCIAL
The White Law Group is investigating potential securities claims involving Edward Terral Hill (CRD#: 6008804), a financial advisor currently registered with LPL Financial LLC (CRD#: 6413) in West End, North Carolina. According to FINRA BrokerCheck, Hill has 13 years of experience in the securities industry and has been affiliated with LPL since 2018. He was previously registered with Edward Jones from 2012 to 2018.
Customer Complaints Against Edward Hill
FINRA BrokerCheck discloses five customer disputes involving Hill, most of which center around structured note investments.
- July 2025 – Pending Dispute
Allegations: Recommendation of unsuitable structured notes between April 2021 and July 2025.
Damages requested: $300,000.
Broker Comment: Denies allegations, claims recommendations were suitable. - January 2025 – Pending Dispute
Allegations: Unsuitable investment made in 2021.
Damages requested: $175,000. - October 2023 – Settled Dispute
Allegations: Unsuitable structured note recommendations from March 2020 to March 2023.
Settlement: $220,000 (settled by LPL without contribution from Hill). - October 2023 – Denied Dispute
Allegations: Poor performance, failure to follow instructions.
Damages requested: $20,805. - January 2023 – Settled Dispute
Allegations: Unauthorized reinvestment of a structured note in 2021, resulting in losses.
Settlement: $18,747.45.
Risks of Structured Notes
Structured notes are complex, high-risk investments often unsuitable for retail investors. Common risks include:
- Illiquidity – Hard to sell before maturity.
- High commissions – Brokers may earn outsized fees.
- Complexity – Returns may be tied to market indexes or derivatives.
- Suitability concerns – Often risky for retirees or conservative investors.
When brokers fail to properly disclose these risks or recommend them inappropriately, investors may have claims for recovery.
Recovery Options for Investors
Investors who suffered losses with Edward Hill may be able to pursue claims through FINRA arbitration against LPL Financial. Broker-dealers like LPL are required to supervise their representatives and ensure that investment recommendations are suitable based on the client’s objectives and risk tolerance.
FINRA Arbitration vs. Class Action
While some investors may consider joining a class action, most cases against brokers and firms are pursued individually through FINRA arbitration. This process is generally faster, private, and tailored to each investor’s unique losses.
Free Consultation with a Securities Attorney
If you invested with Edward Hill and have concerns about your accounts or losses, the securities attorneys at The White Law Group may be able to help. We represent investors nationwide in claims against brokers and brokerage firms.
For a free consultation with a securities fraud attorney, please call (888) 637-5510 or visit us online at www.whitesecuritieslaw.com.
Frequently Asked Questions
What is FINRA arbitration?
FINRA arbitration is a dispute resolution process where investors can pursue claims against brokers and brokerage firms outside of court.
What should I do if my broker sold me unsuitable investments?
You should review your investment portfolio, document your losses, and consult with an attorney experienced in securities arbitration.
Can I recover my losses if my claim is successful?
Yes. If your arbitration claim is successful, you may recover damages, which could include your investment losses, interest, and sometimes legal fees.
