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Todd Hilinski Allegedly Failed to Follow Investor’s Instructions

Todd Hilinski (CRD #: 4214288), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, allegedly failed to follow an agreed-upon investment strategy, according to his BrokerCheck record, accessed on September 24, 2022. Keep reading if you want to know more about his conduct as a broker.

Investor Dispute

On August 12, 2022, an investor alleged that Todd Hilinski failed to invest or manage her assets in accordance with the income-only approach they had agreed upon. This dispute is currently pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failure to follow instructions violates Rule 2010

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take investors’ financial goals into account when recommending investments. Brokers must consult the information described in an investor’s profile, such as their risk tolerance, tax status, and other investments.

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

Background Information

Todd Hilinski has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 31 – Futures Managed Funds Examination
  • Series 7 – General Securities Representative Examination

Todd Hilinski is a registered broker in 20 states and a registered investment adviser in Pennsylvania and Texas.

He has also worked for the following firms:

  • Morgan Stanley & Company (CRD#:8209)
  • Morgan Stanley DW (CRD#:7556)
  • Janney Montgomery Scott (CRD#:463)

Kurta Law Can Help

If you worked with Todd Hilinski and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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