Our firm is investigating RBC Capital Markets, LLC broker and investment adviser representative Timothy Ray Hilton (CRD# 4321144) of New York, New York in connection with a pending customer dispute reported through FINRA BrokerCheck.
According to his BrokerCheck report, Hilton has been registered with RBC Capital Markets, LLC since August 2019 as both a broker and investment adviser representative. His record reflects one pending customer dispute disclosure.
Financial Advisor’s Career History
According to his FINRA BrokerCheck report, Timothy R. Hilton has been registered with the following securities firms:
- RBC Capital Markets, LLC — 08/2019 to Present
- Ameriprise Financial Services, Inc. — 07/2011 to 08/2019
- Merrill Lynch, Pierce, Fenner & Smith Incorporated — broker registration 10/2003 to 08/2011 and investment adviser registration 01/2004 to 08/2011
- Morgan Stanley DW Inc. — 02/2001 to 10/2003
FINRA reports that Hilton has worked as a Financial Advisor with RBC Capital Markets since August 2019. His employment history also lists employment with City National Bank beginning in October 2019.
FINRA reports no outside business activities for Hilton.
Timothy Ray Hilton Allegations and Investor Complaint Explained
FINRA BrokerCheck reflects one pending customer dispute involving Timothy R. Hilton.
According to the disclosure, the claimants contend that Hilton made an unsuitable recommendation to invest in an illiquid limited partnership. The investment identified in the disclosure is Velocis Fund III, LP.
FINRA Arbitration: Alleged Unsuitable Investment in Velocis Fund III, LP
The BrokerCheck disclosure identifies RBC Capital Markets, LLC as the employing firm when the activities giving rise to the complaint allegedly occurred.
The disclosure provides the following information:
- Disclosure Type: Customer Dispute — Pending
- Firm: RBC Capital Markets, LLC
- Allegations: Unsuitable recommendation to invest in an illiquid limited partnership
- Investment: Velocis Fund III, LP
- Alleged Damages Listed: $100,000
- Alleged Damages Range: $100,000 to $500,000
- Forum: FINRA
- Docket/Case #: 26-01082
- Arbitration Filing Date: 05/12/2026
- Date Complaint Received: 05/26/2026
- Complaint Pending: Yes
Disclosure Summary
- Customer Dispute — Pending
- Firm involved: RBC Capital Markets, LLC
- Allegation: Unsuitable recommendation involving an illiquid limited partnership
- Investment: Velocis Fund III, LP
- Alleged damages: $100,000 to $500,000
- Forum: FINRA
- Docket #: 26-01082
- Filing date: May 12, 2026
- Complaint received: May 26, 2026
- Status: Pending
Conclusion
Investors evaluating this disclosure should remember that the customer dispute against Timothy Hilton remains pending and the allegations have not been proven or formally adjudicated.
FINRA explains that a pending disclosure may ultimately be withdrawn, dismissed, resolved in favor of the broker, or concluded through a negotiated settlement without an admission or finding of wrongdoing.
Investors considering doing business with Timothy Ray Hilton may want to review his complete FINRA BrokerCheck report under CRD# 4321144 for the most current information regarding his registration and disclosure history.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
Illiquid limited partnerships can involve substantial risks because investors may have limited opportunities to sell their interests or access invested capital. Recommendations involving illiquid investments should be evaluated in light of an investor’s financial circumstances, objectives, risk tolerance, time horizon, and liquidity needs.
In Hilton’s reported dispute, the claimants specifically allege that he made an unsuitable recommendation to invest in Velocis Fund III, LP, an illiquid limited partnership. The arbitration seeks alleged damages ranging from $100,000 to $500,000 and remains pending.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, unsuitable recommendations, and other investment-related misconduct. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis.
Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.