Haselkorn & Thibaut has opened an investigation into Robert Michael Dechick, a long-time financial advisor based in Clermont, Florida, and his affiliations with D.H. Hill Securities, LLLP and D.H. Hill Advisors, Inc. Our experienced team is here to support investors and answer your concerns, especially if you’ve experienced recent losses or have questions about your investments.
Overview: Who Is Robert Michael Dechick?
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Robert Michael Dechick (CRD# 4152582) is a registered broker and investment adviser with an extensive history in the financial industry. Based in Clermont, Florida, he brings nearly two decades of experience and is currently associated with D.H. Hill Securities, LLLP and D.H. Hill Advisors, Inc. Notably, Mr. Dechick has served with these firms for over 13 and 16 years, respectively—reflecting a significant period of professional stability in the industry.
Despite his long tenure, Mr. Dechick’s professional record carries a notable number of disclosed client complaints and one regulatory action. Investors should carefully review the details below and consider these records when making investment decisions or evaluating their current portfolios.
Key Facts About Robert Michael Dechick
- Location: Clermont, Florida
- Current Firms: D.H. Hill Securities, LLLP (Broker-Dealer); D.H. Hill Advisors, Inc. (Investment Adviser)
- Industry Experience: 19 years
- State Registrations: California, Florida, Georgia, North Carolina
- Total Disclosures: 10 (9 customer disputes, 1 regulatory action)
| Complaint Date | Status | Allegation | Requested Damages | Resolution |
|---|---|---|---|---|
| Oct 3, 2025 | Pending | Unsuitable recommendation of GWG L-Bond in 2022 | $65,000 | Pending |
| Nov 5, 2024 | Settled | Unsuitable recommendation, misrepresentation (product sold Nov 2020) | $50,000 | Settled for $20,000 |
| Oct 28, 2024 | Settled | Unsuitable recommendation, misrepresentation (purchased Aug 2020) | $25,000 | Settled for $10,000 |
| Nov 6, 2023 | Settled | Details not disclosed | Not listed | Settled |
| Jul 26, 2023 | Settled | Details not disclosed | Not listed | Settled |
| Jul 10, 2023 | Settled | Details not disclosed | Not listed | Settled |
| Sep 18, 2022 | Settled | Details not disclosed | Not listed | Settled |
| Jun 27, 2022 | Denied | Details not disclosed | Not listed | Denied |
| Dec 30, 2020 | Settled | Details not disclosed | Not listed | Settled |
| Jan 11, 2016 | Regulatory (Final) | Administrative oversight – omission of required disclosures in REIT statements | $5,000 fine | Cease & Desist Order |
Understanding the Recent Customer Disputes
Between 2020 and 2025, Robert Michael Dechick has seen a significant rise in client complaints. These complaints primarily allege “unsuitable recommendations” and “misrepresentation” of investment products. In particular, several settlements are tied to investment products sold or recommended in 2020-2022. These disputes have resulted in settlements of at least $30,000 in the most recent disclosed cases, and there is a pending claim with alleged damages of $65,000.
- 77% of client disputes have been settled—often accompanied by statements from the advisor denying any wrongdoing but settling to avoid litigation costs.
- One dispute was denied by the broker and not paid.
- One regulatory action resulted in a cease and desist order by the Florida Office of Financial Regulation along with a $5,000 fine regarding administrative oversight of disclosure requirements for Real Estate Investment Trust (REIT) statements.
This pattern is important for investors: the volume and nature of these complaints deserve careful scrutiny and may serve as a signal for those considering working with Mr. Dechick or currently invested through him.
What Should Clermont, FL Investors Ask?
When choosing a wealth manager, experience and firm stability matter, but so do transparency and complaint histories. If you currently work with Robert Michael Dechick, or are considering doing so, it is fair to ask:
- Were my investments thoroughly discussed, including potential risks and suitability relative to my goals and financial situation?
- Have I received clear, timely, and complete account statements and disclosures, especially regarding alternative products like GWG L-Bonds or REITs?
- Am I experiencing unexpected losses or outcomes in my investment portfolio?
- Do I fully understand the products recommended and why they were selected for me?
Key Takeaways for Investors
- Pattern of settled complaints—multiple recent allegations of unsuitable recommendations and product misrepresentations.
- One pending dispute for a potential $65,000 settlement
- Prior regulatory action for administrative errors regarding required disclosures
- Long tenure at current firms but with an increased frequency of complaints in recent years
The facts outlined above are summarized from public records, including FINRA BrokerCheck. Investors are encouraged to continue to monitor these records for any new updates, as regulatory actions and disclosures may change over time.
Contact Haselkorn & Thibaut for a Free Consultation
If you have concerns about your experiences with Robert Michael Dechick or have questions about investments made with D.H. Hill Securities, LLLP or D.H. Hill Advisors, Inc., you are not alone. Haselkorn & Thibaut is currently investigating and offering totally confidential and free consultations for affected investors. With over 50 years of combined experience in investment fraud law, a 98% success rate, and millions recovered for clients nationwide, our firm operates on a no recovery, no fee basis. Our goal is to help you understand your options and hold financial professionals accountable if you’ve been wronged.
Call Haselkorn & Thibaut today at
