DID JEFFREY MICHAEL BARNTHOUSE CAUSE YOU INVESTMENT LOSSES?
About Jeffrey Barnthouse of Creative Planning?
Jeffrey Barnthouse (CRD #6871132) has been a registered investment adviser representative since 2017, affiliated with Creative Planning, a firm known for its financial planning and advisory services. His qualifications include being a Certified Financial Planner, with current registrations in Kansas and Texas. He has over a decade of experience in financial planning and investment advisory roles.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jeffrey Barnthouse Customer Complaints and Reviews
Jeffrey Michael Barnthouse has one Customer Dispute on record:
- Firm Involved: Creative Planning
- Allegations: Negligence, negligent supervision, and breach of fiduciary duty related to taxes due to an IRA withdrawal.
- Reported Damages: $111,957
- Outcome: Settled on November 3, 2021, with a compensation amount of $12,500.
- Details: District Court, Johnson County, Kansas, Docket #21-cv-02019.
Allegations Against Jeffrey Barnthouse
The customer dispute reported against Jeffrey Barnthouse involved the following allegations:
- Negligence and negligent supervision in handling client tax issues.
- Breach of fiduciary duty concerning the taxes due on an IRA withdrawal.
Jeffrey Barnthouse Employment History
Employment History: Creative Planning (2013–Present), Financial Planner and Investment Adviser Representative.
Disclosure Events: 1 customer dispute (settled).
Professional Designations: Certified Financial Planner.
Current Registrations:
- Kansas (since October 26, 2017)
- Texas (since August 29, 2023)
Investment Advisors Owe Clients The Highest Level Of Care
Investment advisors are bound by fiduciary duties, which require them to act in their clients’ best interests. This includes fully disclosing nature, mechanics, and risks of investment strategies and activities. The duty of care mandates that advisors provide competent and prudent advice, leveraging their professional expertise. Transparency about potential conflicts of interest and maintaining trust are critical for protecting client assets and ensuring sound financial planning.
Option Trading Can Be Extremely Risky
Options trading is inherently high-risk due to its speculative nature and complexity. Advisors engaging in options trading must ensure clients understand the potential for significant financial loss. High-risk strategies like naked options selling or leveraged straddle trades can lead to substantial losses, especially in volatile markets. For example, a naked call strategy, where the seller has no underlying asset, exposes the investor to unlimited losses if the market price rises unexpectedly. Advisors must exercise caution and prioritize risk assessment before employing such strategies in client accounts.
Jeffrey Barnthouse Red Flags & Your Rights As An Investor
Of course, Jeffrey Barnthouse did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Creative Planning on alert to review carefully the activity and performance of their accounts and question whether Jeffrey Barnthouse has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Creative Planning also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Creative Planning Due To Jeffrey Barnthouse
If you have questions about Creative Planning and/or Jeffrey Barnthouse and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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