Center Street Securities is Named in this Six-Figure FINRA Arbitration Case
An older couple who live in Cleveland, Tennessee has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim seeking up to $500K in damages from Center Street Securities. This comes after its registered representative Morgan Darby Hill allegedly unsuitably recommended that they invest in GWG Holdings L Bonds.
Morgan Hill is currently registered as a broker with both Center Street Securities and Arete Wealth Management in Knoxville. He is also a registered investment advisor with Center Street Advisors. However, locally Hill markets himself as the CEO of the wealth preservation and distribution firm, Hill & Hill Financial, LLC.