Background Of Bradley Hildebrand (CRD No. 5608456)
Respondent entered the securities industry in November 2008 when he became associated
with a FINRA member firm. He first became registered with FINRA as a General
Securities Representative in December 2008.
Respondent became associated with Houlihan Lokey Capital, Inc. in July 2013, and in
August 2013 registered with FINRA as an Investment Banking Representative. On
December 12, 2019, the firm filed a Uniform Termination Notice for Securities Industry
Registration disclosing that Respondent was permitted to resign on November 22, 2019,
and stating that he had “violated Firm policies relating to the handling of confidential
Respondent has not thereafter associated with any FINRA member firm, but remains
subject to FINRA’s jurisdiction pursuant to Article V, Section W of FINRA’s By-Laws.
Respondent does not have any relevant disciplinary history.
Activity(s) Reported – Bradley Hildebrand
Respondent was an investment banker in the firm’s healthcare group. Respondent’s
longtime friend was a principal in a small, private, investment holding company that
owned Company A, a privately-held company in the specialty food industry. In 2018,
Respondent’s friend told Respondent that his investment firm was thinking of selling
In January 2019, the firm was engaged to help sell Company B, a privately-held company
in the specialty food industry and a Company A competitor.
To assist in the sale of Company B, the firm identified and contacted potential
purchasers, solicited bids, assisted in identifying the ultimate purchaser, negotiated a
letter of intent and closing documents, and assisted in closing the sale of Company B.
Respondent was not involved in the firm’s representation of Company B.
The firm had a written policy prohibiting its employees from accessing confidential
information from its systems, and from disclosing such information, without a valid
business reason to do so. Respondent certified to the firm that he understood and abided
by that policy.
Notwithstanding his lack of any valid business purpose, and his certification to the firm,
Respondent accessed and disseminated confidential information related to the Company
B sale. On eight separate days between May 22, 2019 and November 1, 2019,
Respondent accessed from the firm’s system and reviewed approximately 30 documents
related to the Company B transaction.
On multiple occasions, Respondent discussed with his friend the status and process of the
Company B transaction and verbally disclosed to him confidential information
Respondent learned from his unauthorized review of documents on the firm’s system, but
did not provide to him any of the documents Respondent accessed.
FINRA Rule 2010 requires registered representatives to “observe high standards of
commercial honor and just and equitable principles of trade.” Misusing confidential
information violates FINRA Rule 2010. Therefore, Respondent violated FINRA Rule 2010.
Penalties And Sanctions
a two-month suspension from associating with any FINRA member in any capacity; and a $5,000 fine.
Respondent understands that if he is barred or suspended from associating with any
FINRA member, he becomes subject to a statutory disqualification as that term is defined
in Article III, Section 4 of FINRA’s By-Laws, incorporating Section 3(a)(39) of the
Securities Exchange Act of 1934. Accordingly, he may not be associated with any
FINRA member in any capacity, including clerical or ministerial functions, during the
period of the bar or suspension. See FINRA Rules 8310 and 8311.
The fine shall be due and payable either immediately upon reassociation with a member
firm or prior to any application or request for relief from any statutory disqualification
resulting from this or any other event or proceeding, whichever is earlier. Respondent
specifically and voluntarily waives any right to claim an inability to pay, now or at any
time after the execution of this AWC, the monetary sanction imposed in this matter.
Recent Activity(s)Of The Individual/Firm
Respondent improperly accessed from the firm’s system documents containing
confidential information relating to the firm’s representation of a privately-held company
in a sale transaction. Respondent then disclosed confidential information regarding the
sale to a friend who was a principal in an investment firm that owned a private company
that competed with the firm’s client, but who was not involved in the sale transaction. By
virtue of this misconduct, Respondent violated FINRA Rule 2010.
How To Spot A Fraud Finance Advisor (Infographic)
Help For Victims Of Bradley Hildebrand
If you have lost funds because of misrepresentation, unsuitable investment, or unsuitable investment strategy from Bradley Hildebrand. Then you can take legal action and get justice. Fraud, Malpractice & dereliction of duty should not be taken lightly, especially in this industry. We highly suggest that you notify authorities or seek legal action if your financial advisor or brokerage firm fails to abide by FINRA’s rules are regulations.
Similar Report: David Allen Walters
Financial advisors are regulatory & legally obligated to suggest (recommend) the most suitable investments/investment strategies to their clients. Their suggestions should have their client’s best interests and should be appropriate for their client’s goals and needs. Similarly, the brokerage firm which hires financial advisors also has a regulatory & legal obligation to keep a close watch and supervise their Financial Advisors’ practices & behavior. They need to make sure that the financial advisor is not being manipulative or having an unreasonable bias towards certain investments. If the financial advisor and/or the brokerage firm breaches these duties, then the client/customer may be entitled to a full or partial recovery of their losses.
Financial advisors need to have the interest of their clients when giving suggestions related to investments and investment strategies. Reasonable basis suitability requires the advisor to do their best to analyze & identify the risks and rewards associated with their suggested investment and/or investment strategy.
Bradley Hildebrand has been involved in fraudulent activities and is an unsafe professional entity. We strongly recommend you avoid any association with such a shady figure.
- Shady Activity
- Swindling Activity Reported By Clients
- Under Govt. Organization's Radar
- High Risk of Fraud