Haselkorn & Thibaut, a national law firm with over five decades of experience and a 98% success rate in recovering investor losses, has initiated an investigation into financial advisor William McKenzie Hancock of Osaic Wealth, Inc. This report aims to provide a comprehensive, up-to-date overview of Mr. Hancock’s background, his professional affiliations, and any regulatory red flags or reported customer complaints. Are you concerned about your investments with Bill Hancock? Call Haselkorn & Thibaut at 1-888-885-7162 today for a confidential, no-cost consultation.
Who is William McKenzie Hancock?
Table of Contents
- Name: William McKenzie Hancock
- CRD Number: 2562794
- Primary Location: Shreveport, LA
- Current Firm: Osaic Wealth, Inc.
- Other Business Affiliations: H&W Wealth Partners, William Hancock Agency
- Function: Stockbroker / Financial Advisor
With a long-standing career in financial services, Mr. Hancock has worked with several well-known broker-dealers, advising clients on investment strategies and helping them achieve their financial goals. If you worked with Mr. Hancock at any point at Osaic Wealth, Inc., or at a prior firm, understanding his professional history is important for protecting your interests.
Professional History: Broker-Dealer Affiliations
- Osaic Wealth, Inc. (Current)
- Signator Investors, Inc. (Prior)
- Transamerica Financial Advisors, Inc. (Prior)
- NYLife Securities Inc. (Prior)
Over the years, Mr. Hancock’s roles at these brokerages have positioned him to work with a diverse range of investors and products. Each transition between firms can bring both opportunity and, in some cases, regulatory scrutiny. Haselkorn & Thibaut’s investigation aims to clarify any concerns investors may have regarding these career moves and the nature of investment products recommended by Mr. Hancock.
How to Check a Broker’s Background
It’s prudent for investors to check their advisor’s regulatory record. You can review William McKenzie Hancock’s broker record by visiting FINRA BrokerCheck. BrokerCheck provides details about employment history, licenses, regulatory actions, and consumer disputes.
Reported Complaints, Lawsuits, and Investigations
At the time of our most recent review, as of July 2025, the following information was found regarding William McKenzie Hancock (CRD #2562794):
| Date | Allegation/Issue | Status |
|---|---|---|
| 2019 | Customer dispute alleged unsuitable investment recommendations. Client sought damages related to purported losses in variable annuity products. | Settled. No admission of wrongdoing. Settlement amount confidential. |
| 2021 | Customer complaint alleged misrepresentation of investment risks in structured notes. Client alleged lack of disclosure regarding fees and risks. | Denied by the firm. |
| None | No regulatory enforcement actions or criminal prosecutions recorded as of July 2025. | N/A |
Note: While the existence of customer complaints does not necessarily mean there has been wrongdoing, these reports can signal patterns of concern for investors. Individual outcomes and circumstances may vary, but it is always in your best interest to understand your advisor’s background in detail.
Red Flags for Investors
- Multiple customer complaints, especially involving claims of unsuitable investment recommendations or lack of disclosure, can be a warning sign.
- Employment at multiple firms in a relatively short period may indicate underlying issues, either with the advisor or the firms themselves.
- Product types such as variable annuities and structured notes carry complex risk profiles and are often at the center of investor complaints. If you’ve invested in these through Mr. Hancock, a review may be warranted.
- Settlement of claims without admission of wrongdoing sometimes resolves disputes but does not erase the concerns that gave rise to complaints.
What Next? Your Options as an Investor
If you have invested with William McKenzie Hancock and have concerns about your investment portfolio, Haselkorn & Thibaut is here to help. Our team is currently investigating complaints and potential claims involving Mr. Hancock and Osaic Wealth, Inc. Whether you experienced unexplained losses, felt you were misled about risk, or simply wish to have your investment history reviewed for peace of mind, our attorneys are available to provide guidance.
Why Contact Haselkorn & Thibaut?
- Over 50 years of combined legal experience in investment fraud cases
- No recovery, no fee — you pay nothing unless we recover for you
- Proven results: 98% success rate and millions recovered for investors nationwide
- Confidential, compassionate service — your privacy and financial well-being are our top priorities
Even if you are unsure if you have a claim, early legal guidance can help protect your rights and preserve your options. The consultation is free and there is absolutely no obligation.
Take Action Today
It’s your future and your finances. If you have questions or concerns about your investments with William McKenzie Hancock or any associated firm, now is the time to take action. Our attorneys are ready to assist you at every step. For a confidential, complimentary consultation call 1-888-885-7162 or visit investmentfraudlawyers.com now.
Last Updated: July 2025 – Shreveport, LA
