Peter Hill Involved In Voya Financial Advisors Investor Complaint Regarding Unsuitable Advice

Investors potentially incurred losses because of securities broker Peter Hill (also known as Pete Hill) [CRD: 2432123, Des Moines, Iowa], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hill worked for Voya Financial Advisors Inc. from January 1, 2004, to May 11, 2020, and later registered with Cambridge Investment Research Inc. and Cambridge Investment Research Advisors Inc. beginning May 5, 2020. Investors should continue reviewing the disclosures below to discover more about the client allegations involving Hill.

Voya Financial Advisors Investor Accused Pete Hill Of Unsuitable Recommendations

Notably, a Voya Financial Advisors Inc. client filed FINRA Arbitration No. 24-00196 about Peter Hill. Mainly, the client alleged that Hill made unsuitable recommendations and made misrepresentations. For this reason, the client allegedly sustained damages relating to real estate securities. As a result, on August 7, 2025, Voya Financial Advisors Inc. settled this matter by paying the client $10,659.80 in damages.

Locust Street Securities Investor Accused Peter Hill Of Misrepresentation

Specifically, a Locust Street Securities Inc. client filed a complaint about Peter Hill. Primarily, the client alleged that Hill made misrepresentations. Because of this, the client allegedly experienced damages linked to variable annuities. Consequently, on February 23, 2012, Locust Street Securities Inc. settled this matter by paying the client $165,951.15 in damages.

Pete Hill Disclosed Misrepresentation Allegations By Locust Street Securities Client

Evidently, a client of Locust Street Securities Inc. disputed Peter Hill’s sales practices, according to a complaint. Allegedly, Hill made misrepresentations. It appears that Hill allegedly caused the client to sustain damages associated with variable annuities. Therefore, Locust Street Securities Inc. opted to settle the matter on February 8, 2012, by paying the client $75,000.

Have You Made Investments Through Financial Advisor / Securities Broker Peter Hill?

Do you need clarification on any investment losses relating to Peter Hill? Contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Hill and brokerage firms Hill worked for deny accusations of sales practice violations.