Bernard Yip: $108K Complaint Against First Hawaiian Advisor

Honolulu financial advisor Bernard Yip (CRD# 2391643) recently received an investor complaint alleging that his conduct resulted in losses. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Raymond James Financial Services, and that he is a representative of First Hawaiian Advisors.

Mr. Yip’s BrokerCheck report discloses one investor complaint. Filed in May 2024, it alleges that as a representative of Raymond James, he was “responsible for missing funds” in connection with equity-indexed annuity investments. The pending complaint alleges damages of $108,711.95.

First Hawaiian Advisors’ website includes a page describing the firm’s approach to wealth management. “The more you grow your wealth, the more complicated your goals become,” it explains. “That’s where our team of private wealth advisors and specialized professionals come in. We understand the needs of high net-worth clients, and are here to give you one-on-one support as we design the best route forward to satisfy your objectives.”

According to the Financial Industry Regulatory Authority, Bernard Yip holds 30 years of securities industry experience. Based in Honolulu, Hawaii, he has been registered as a broker and an investment advisor with Raymond James Financial Services since 2017. His past registrations include Bancwest Investment Services (Honolulu, Hawaii; 1999-2017), Mutual Securities (Camarillo, California; 1996-1999), MetLife Securities (Springfield, Massachusetts; 1993-1995), and Metropolitan Life Insurance Company (New York, New York; 1993-1995). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He holds 23 state licenses. (Information current as of July 6, 2024.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.