Investors have reportedly disputed the sales practices of securities broker Robert Kent Hiss [CRD: 1599380, Wichita, Kansas], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hiss has been registered with IFP Securities LLC since May 23, 2019, and has also worked as an investment adviser with Independent Financial Partners since November 8, 2012. Investors should continue reading to discover more about the client disputes and disclosures associated with Hiss’s professional record.
Specifically, an IFP Securities LLC client filed FINRA Arbitration No. 24-01551 concerning Robert Hiss. The client alleged that Hiss made misrepresentations and recommended illiquid, high-risk investments that were unsuitable. Because of this, the client allegedly incurred damages related to corporate bonds including GWG L Bonds. As a result, on May 2, 2025, IFP Securities LLC settled this matter by paying the client $120,707.48 in damages.
Particularly, a client of IFP Securities LLC contested Robert Hiss’s sales practices by filing FINRA Arbitration No. 23-03091. Allegedly, Hiss made misrepresentations and recommended risky investments that were inconsistent with the client’s objectives. It appears that Hiss allegedly caused the client to experience damages linked to corporate bonds. Consequently, IFP Securities LLC opted to settle the matter on March 29, 2024, by paying the client $20,000.
Do you have concerns or questions regarding investments you made with Robert Hiss? You can get in touch with Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney concerning 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 basis and advances all costs. Hiss and brokerage firms Hiss worked for deny accusations of sales practice violations.
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