Securities Lawyers Blog
Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as Momentum Independent Network Inc.. Many investors do not recognize broker misconduct in their accounts, and those that do are often hesitant to seek help. Broker misconduct spans many issues that violate industry rules, including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.
Momentum Independent Network is an independent broker-dealer and registered investment adviser that provides a wealth management platform and practice tools for independent financial professionals, hybrid registered investment advisers and their clients. Based in Dallas, Texas and known as HilltopSecurities Independent Network until 2021, the firm is a wholly owned subsidiary of Hilltop Holdings, with its sister company Hilltop Securities clearing its business and professionals serving clients across many states.
Momentum Independent Network Inc. – By the Numbers:
- CRD #: 17587
- Regulatory Events: 10
- Arbitration Events: 3
- Broker Employees: 212
Momentum Independent Network Inc. – Investment Advisors:
- SEC #: 60812
- Assets Under Management: $1,609,472,813
- ADV Form Employee: 97
Momentum Independent Network Inc. – In the News:
FINRA v. Momentum Independent Network Inc. (Case #2013034954002) – During the period from May 2012 through March 2014, Hilltop, acting through Regional OSJ Manager Hodges, failed to reasonably supervise a registered representative’s unsuitable investment recommendations to customers, in violation of NASD Rule 3010 and FINRA Rule 2010. Additionally, Hilltop violated NASD Rule 3010 and FINRA Rule 2010 by failing to establish, maintain and enforce a reasonable supervisory system to detect and prevent unsuitable short-term trading and/or switching of open-end mutual funds (“OMFs”) and unit investment trusts (“UITs”), and unsuitable trading in closed end funds (“CEFs”), in customer accounts.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.