Hector Hernandez Barred from Securities Industry

SAN ANTONIO, TEXAS     Are you a client of financial advisor Hector Hernandez in San Antonio, Texas?  The securities and investment fraud law firm of Israels & Neuman is reviewing claims made against Hector J. Hernandez, who previously worked with Money Concepts Capital.  FINRA’s Disciplinary Database discloses in November 2023, that Hernandez was barred from the securities industry by FINRA after he failed to cooperate with a FINRA investigation.

FINRA began its investigation when Hernandez “voluntarily resigned” while under internal investigation from Money Concepts Capital.  The firm was allegedly investigating Hernandez for failing to disclose an outside business activity involving fixed insurance.  Hernandez is also the subject of a 2022 customer complaint alleging misconduct in connection with annuity switches.

Hector J. Hernandez was registered with Money Concepts Capital from July 2012 to December 2021, and with Peak Brokerage Services from December 2021 to April 2022.  He worked in San Antonio, Texas.

Securities broker-dealers like Money Concepts Capital are required to reasonably supervise the conduct of their financial advisors.  If they don’t, they could be liable for investor losses.  Our law firm has represented over 1,000 investors in the past, including numerous investors in Texas.

FINRA AWC can be found HERE

 BrokerCheck Report can be found HERE

If you lost money with Hector Hernandez, or Money Concepts Capital, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.