Fred Hilton: $500K Complaint Against LPL Advisor

Gainesville, Florida financial advisor Fred Hilton (CRD# 2161935) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with LPL Financial, doing business as CAMPUS Investment Services.

Mr. Hilton’s BrokerCheck report discloses one investor complaint. Filed in December 2024, it alleges that as a representative of LPL Financial and CUNA Brokerage Services, he recommended unsuitable mutual fund investments. The pending complaint alleges damages of $500,000.

In a statement included with the pending complaint’s disclosure, Mr. Hilton denied the allegations and described them as meritless. “All recommendations and investments strategies made for the customers were suitable and consistent with the customers’ investment objectives and risk tolerance,” he wrote. “The customers fully understood all risks involved in investing in all products after speaking with the advisor and reviewing documentation.”

CAMPUS Investment Services’ website includes a profile of Mr. Hilton that describes his experience and services. “His leadership role over the program and the investment services team allows him to contribute to the vision of making a positive difference in the financial lives of CAMPUS USA Credit Union members,” it explains. “Outside of the office, Fred enjoys spending time with his family and volunteering throughout the community.”

According to the Financial Industry Regulatory Authority, Fred Hilton holds 33 years of securities industry experience. Based in Gainesville, Florida, he has been registered as a broker and an investment advisor with LPL Financial since 2022, doing business as CAMPUS Investment Services. His past registrations include CUNA Brokerage Services, Cadaret Grant & Company, AIG Equity Sales Corporation, Nathan & Lewis Securities, Equico Securities, and the Equitable Life Assurance Society of the United States. His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Florida and Virginia. (Information current as of February 17, 2025.)

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