Ronald Hicks Focus Of Equitable Advisors Clients’ Misrepresentation Claims

Investors potentially experienced sales practice violations due to securities broker Ronald Hicks [CRD: 716765, Williamsville, New York], according to publicly available disclosures on FINRA BrokerCheck. Evidently, Ronald Hicks worked for Equitable Advisors LLC from October 20, 1980, to February 15, 2024. Below, investors can review details about the disclosures involving Ronald Hicks.

Equitable Advisors Investor Accused Hicks Of Misrepresentation

Specifically, on April 7, 2025, an Equitable Advisors LLC client filed a complaint about Ronald Hicks. The client alleged that in 2019 and 2020, Hicks made misrepresentations about variable annuities that clients purchased. As a result, the client requested $5,000 in compensation from Equitable Advisors or Hicks. However, the firm denied this complaint.

AXA Client Accused Ronald Hicks Of Misrepresentation

Also, on February 8, 2017, an AXA Advisors LLC client filed a complaint about Ronald Hicks. Supposedly, Hicks made misrepresentations concerning variable annuities. For this reason, the client requested compensation from AXA Advisors LLC or Hicks. However, on February 24, 2017, the firm denied the complaint.

Hicks Disclosed Unsuitable Recommendations Allegations By AXA Advisors LLC Client

Particularly, a client of AXA Advisors LLC contested Ronald Hicks’s sales practices, according to a complaint dated May 23, 2014. Allegedly, Hicks misrepresented information and made unsuitable recommendations. Also, Hicks allegedly caused the client to sustain damages through life insurance products. Because of this, the client sought compensation from AXA Advisors LLC or Hicks in this matter. The firm denied the client’s complaint.

AXA Advisors Investor Accused Ronald Hicks Of Sales Practice Violations

Also, a client filed a complaint about Ronald Hicks. Evidently, the client alleged misrepresentations during the sale of mutual funds. The client further alleged that Hicks placed her funds into an account she did not request. As a result, on April 17, 2009, AXA Advisors settled this matter by paying the client $11,652.79 in damages.

Hicks Disclosed Misrepresentation Allegations By AXA Advisors Client

Additionally, a client of AXA Advisors contested Hicks’s sales practices, according to a complaint. Allegedly, Hicks made misrepresentations in connection with the sale of a variable life insurance policy. Therefore, AXA Advisors chose to settle the matter on August 26, 2003, by compensating the client in the amount of $3,791.55.

Seeking More Information About Financial Advisor / Securities Broker Ronald Hicks?

Do you have concerns or questions about your investments with Ronald Hicks? You can reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a possible recovery. Soreide Law Group has years of experience recovering losses for investors throughout the United States. The firm also works on a contingency fee arrangement and advances all costs. Hicks and the securities firms Hicks worked for deny accusations of sales practice violations.