Last Updated: January 2026 — Des Moines, IA
Here’s what you need to know about Des Moines, IA stockbroker Peter Hill:
- Name: Peter Hill
- Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (RIA). Branch location: 4140 Grand Ave., Des Moines, IA 50312. Registered with both since May 5, 2020.
- Prior Firms: Voya Financial Advisors, Inc. (01/2004–05/2020); Locust Street Securities, Inc. (01/1994–01/2004).
- Other Business Affiliations: Independent insurance agent; CIRA advisory rep; BTL LLC JJP 2 LLC d/b/a Vision Holding Company ; TAG Accounting and Tax Services LLC d/b/a Vision Network – Accounting and Tax Services; LEAP HI Inc. ; MDRT Foundation; MDRT Main Platform/Special Sessions Committee; Financial Integrators
- CRD number: 2432123
- Stockbroker / Financial Advisor: Yes — General Securities Representative; also Investment Adviser Representative; active in multiple states.
- Can Broker be Sued in FINRA: Yes
- Highest Award or Settlement: $165,951
If you’ve sustained damages from Mr. Hill, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Peter Hill As Your Stockbroker?
- FINRA Arbitration (January 2024; Case No. 24-00196): A customer of Voya Financial alleged Mr. Hill recommended an unsuitable Real Estate Investment Trust (REIT)and misrepresented risk and potential income/growth. The matter settled for $10,659.
- Customer Complaint (January 2012): While at Locust Street Securities, Inc., a client alleged inaccurate information regarding a variable annuity . The dispute settled for $165,951.
- Customer Complaint (January 2012): Another Locust Street customer alleged inaccurate information regarding a variable annuity Settled for $75,000.
Allegations of Broker Misconduct Against Peter Hill
- Unsuitability — recommending investments inconsistent with a customer’s objectives/risk tolerance may violate FINRA Rule 2111 (Suitability); retail recommendations must also satisfy the SEC’s Regulation Best Interest (Rule 15l-1(a)).
- Breach of Fiduciary Duty / Best-Interest Obligations — for retail customers, recommendations implicate Reg BI’s care and disclosure duties.
- Fraud / Misrepresentation or Omission of Material Facts — prohibited under FINRA Rule 2020 and FINRA Rule 2010.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Cambridge Investment Research brokers
If you have suffered investment losses in an account handled by Peter Hill, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.