Christopher Gill: Cambridge Advisor Received $352K Complaint

Newark, Ohio financial advisor Christopher Gill (CRD# 4126704) allegedly misappropriated fees, according to a recent, denied investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Cambridge Investment Research and Cambridge Investment Research Advisors, respectively.

Mr. Gill’s BrokerCheck report discloses one investor complaint. Filed in Filed in November 2024, it alleged that as a representative of Cambridge Investment Research, he “breached contract by failing to invest the account” and misappropriated management fees. The complaint alleged damages of $352,260.59 and was denied by the firm. (When a complaint is denied by the firm that receives it, this denial does not necessarily mean it was meritless. Investors can still pursue recovery through other actions, like FINRA arbitration claims.)

Investors should be aware that the misappropriation of customer funds may be considered a violation of FINRA Rule 2150, which states that no FINRA-associated person “shall make improper use of a customer’s securities or funds.” It may also be considered a violation of FINRA Rule 2010, which stipulates that brokers like Mr. Gill must “observe high standards of commercial honor and just and equitable principles of trade” in the conduct of their business. Brokers who violate these rules may be held liable for damages.

According to the Financial Industry Regulatory Authority, Christopher Gill holds 24 years of securities industry experience. Based in Newark, Ohio, he has been registered as a broker and an investment advisor with Cambridge Investment Research since 2011 and 2012, respectively. He was previously registered with ING Financial Partners (Newark, Ohio; 2004-2011) and Locust Street Securities (Des Moines, Iowa; 2000-2004). His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Alabama, Colorado, the District of Columbia, Florida, Georgia, Indiana, Kentucky, Maryland, Missouri, Nevada, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, West Virginia, and Wisconsin. (Information current as of December 30, 2024.)

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