Former THRIVENT INVESTMENT MANAGEMENT INC of El Paso, Texas, MIGUEL ANGEL HERNANDEZ, Barred by FINRA

Soreide Law Group (888-760-6552) obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, July 2016.”
Miguel Angel Hernandez (CRD #4733002, El Paso, Texas)
was barred by FINRA for allegedly obtaining $25,000 in cash from an elderly client under false pretenses and converted those funds for personal use.
FINRA’s findings stated that after this conduct was discovered, Hernandez repaid the client the entire $25,000.
(FINRA Case #2015045623201)
According to FINRA’s report, THRIVENT INVESTMENT MANAGEMENT terminated Miguel Angel Hernandez after he admitted to borrowing $25,000 from a client and entering into a business partnership agreement guaranteeing the client a 12% return.  The business was never established and Hernandez failed to return all of the client’s funds, using a portion for his own personal expenses acting without his firm’s knowledge or approval.
After 11 years of registration in the securities industry, FINRA has permanently barred Miguel A. Hernandez from acting as a broker or otherwise associating with firms that sell securities to the public. The firm he was registered with was:
05/2004 - 05/2015 THRIVENT INVESTMENT MANAGEMENT INC. - EL PASO, TX
If you've suffered losses due to the recommendations of former Thrivent Investment Management, Inc. broker, Miguel Angel Hernandez, call Soreide Law Group for a no-cost consultation with a lawyer regarding the possibility of recovering your losses at:  888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA and we operate on a contingency fee.