Lillian Henderson: Ex-Edward Jones Advisor Receives $600K Complaint

Meridianville, Alabama financial advisor Lillian Henderson (CRD# 5847473) recently received an investor complaint alleging that her advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that the former Merrill Lynch and Edward Jones broker is currently registered as an investment advisor with LBH Wealth Advisors.

Ms. Henderson’s BrokerCheck report discloses one investor complaint. Filed in April 2024, it alleges that as a representative of Edward Jones, she misrepresented material facts and recommended unsuitable investments in the customer’s retirement account. The pending complaint alleges damages of $600,000.

A profile of Ms. Henderson appears on the website for Uncommon, a retreat where she has served as a presenter. “After her 15-year career span, Lillian became Founder/CEO of LBH Wealth Advisors a full boutique wealth management firm offering services in budgeting, investing services related to retirement planning, college planning, wealth protection, and estate services,” it states of her background and experience. “As a trailblazer in her industry, she is continuing her commitment in serving her clients and the community through financial literacy.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Lillian Henderson holds 12 years of securities industry experience. Based in Meridianville, Alabama, she has been registered as an investment advisor with LBH Wealth Advisors since May 2023. Her past registrations include Merrill Lynch (Huntsville, Alabama; 2020-2023), Edward Jones (Huntsville, Alabama; 2014-2020), Cetera Investment Services (Victoria, Texas; 2014), LPL Financial (Madison, Alabama; 2013-2014), and Cetera Investment Services (Huntsville, Alabama; 2011-2013). Her credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Uniform Combined State Law Examination, or Series 66; and the Securities Industry Essentials Examination, or SIE. She is licensed in Alabama. (Information current as of June 1, 2024.)

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