Close Menu
Free Consultation: 888-976-6111

Bill Collins: $225K Complaint Against Horizon Advisor

Farmington Hills, Michigan financial advisor Bill Collins (CRD# 2787822) has received multiple investor complaints alleging he made unauthorized and excessive trades. Financial Industry Regulatory Authority records show that the former Morgan Stanley representative is currently registered with Cetera Advisor Networks. He is also a representative of Horizon Adviser.

Mr. Collins’ BrokerCheck report discloses several investor complaints. The most recent, filed in January 2024, alleged that as a representative of Morgan Stanley, he made unauthorized and excessive trades. The complaint reached a settlement of $225,000.

A second investor complaint, filed in 2020, similarly alleged unauthorized trading while he was a representative of Morgan Stanley. In 2021 the complaint reached a settlement of $75,000. In a statement included with the complaint’s disclosure, Mr. Collins wrote that he “strongly” denied the allegations. “Claimant chose to not name me as a party to the arbitration so I did not have the opportunity to challenge Claimant’s allegations and prove they are false,” he added.

A third investor complaint, filed in 2016, alleged authorized trading of variable annuity and stock products. The complaint reached a settlement of $8,973.25.

Horizon Adviser’s website includes a profile of Mr. Collins that describes him as a Senior Equity Partner at the firm. “Bill’s goal is to help clients navigate the complex and ever-changing retirement and investment landscape,” it states. “His main passion for planning is focused on retirement planning, estate planning, portfolio management, and asset allocation.” Elsewhere, the firm notes that its services include tax planning, asset management, and income planning. “With collaboration at the forefront of our firm, we believe in a team approach when it comes to the many facets of financial planning,” it states. “Our advisors focus on a breadth of financial disciplines, enabling us to perfect our individual strategies and create a holistic plan that maximizes opportunity and minimizes inadequacies.”

According to the Financial Industry Regulatory Authority, Bill Collins holds 27 years of securities industry experience. Based in Farmington Hills, Michigan, he has been registered with Cetera Advisor Networks since November 2023. His past registrations include Morgan Stanley (Birmingham, Michigan; 2010-2023), Wells Fargo Advisors (Troy, Michigan; 2008-2010), and AG Edwards & Sons (Troy, Michigan; 1996-2008). His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in California, Florida, Michigan, Tennessee, and Washington. (Information current as of January 21, 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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Paul Murans: $500K Complaint Against Thurston Springer Advisor

    Indianapolis financial advisor Paul Murans (CRD# 3266607) recommended an unsuitable senior life settlement portfolio, according to a recent investor complaint....

    Read More
  • Maria Valido: $100K-$500K Complaint Against Ex-Infinex Advisor

    Former Miami, Florida financial advisor Maria Valido (CRD# 6324596) has received multiple investor complaints alleging that her conduct resulted in...

    Read More
  • Mark Bruscianelli: JBT Wealth Advisor Receives $260K Complaint

    Chicago financial advisor Mark Bruscianelli (CRD# 4177839) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory...

    Read More
  • Guy Clemente: $750K Complaint Against Ex-Andrew Garrett Advisor

    New York City financial advisor Guy Clemente (CRD# 1222597) recently received an investor complaint alleging that his conduct resulted in...

    Read More
  • Previous
  • Next