DID JESSE ESPINOZA JR CAUSE YOU INVESTMENT LOSSES?
About Jesse Espinoza Jr of Creative Planning?
Jesse Espinoza Jr (CRD #4567929) is a financial advisor with a history of service at various financial institutions. He has passed key industry exams, including the General Securities Representative Exam (Series 7) and the Uniform Combined State Law Examination (Series 66), which qualify him for providing a range of investment services. He has worked at several firms, gaining significant experience in financial advising, investment management, and client relations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jesse Espinoza Jr Customer Complaints and Reviews
- Jesse Espinoza has One Customer Dispute:
- Date: Complaint received November 29, 2011; resolved December 16, 2011.
- Employer: CUNA Brokerage Services, Inc.
- Allegations: The customer alleged being directed to a variable annuity investment product unsuitable for her needs, as she was seeking a short-term, liquid investment for future tuition expenses. She requested the annuity be canceled and the full amount refunded.
- Outcome: The claim, alleging damages of $9,739.82, was denied by CUNA Brokerage Services. The advisor provided suitability documentation, which supported the denial of compensatory damages.
Allegations Against Jesse Espinoza Jr
- The client claimed the recommended variable annuity was not in line with her stated needs for a short-term, liquid investment.
- Alleged financial damages amounted to $9,739.82.
- Resolution: The brokerage firm found no evidence of wrongdoing, citing proper suitability and documentation.
- The case was closed with no action being taken against Mr. Espinoza.
Jesse Espinoza Jr Employment History
Current Employment:
Creative Planning (Investment Advisor Representative, September 2016 – Present).
Previous Employment as a registered broker:
- Wescom Financial Services (2011–2016, Riverside, CA).
- CUNA Brokerage Services, Inc. (2007–2011, Anaheim, CA).
- CUSO Financial Services, L.P. (2004–2007, Rancho Cucamonga, CA).
- Other short-term affiliations with AXA Advisors and WM Financial Services.
Exams Passed:
- General Securities Representative Examination (Series 7, October 17, 2002).
- Uniform Combined State Law Examination (Series 66, November 8, 2002).
- Securities Industry Essentials Examination (September 23, 2016).
Investment Advisors Owe Clients The Highest Level Of Care
Investment advisors must prioritize their clients’ interests above their own, adhering to fiduciary principles that demand transparency, fairness, and diligence. They are required to fully disclose the risks, costs, and mechanics of any investment product or strategy, ensuring clients make informed decisions. Advisors must conduct thorough evaluations of a client’s financial situation, goals, and risk tolerance before making recommendations. By acting with integrity and maintaining a client-first approach, advisors build trust and safeguard their clients’ financial well-being.
Option Trading Can Be Extremely Risky
Option trading, while potentially profitable, carries significant risks, particularly for investors without a high tolerance for risk. Advanced strategies, such as writing uncovered (naked) calls, can result in unlimited losses if the underlying asset’s price moves dramatically against the position. For example, if an advisor employs a strategy like a straddle, which involves buying both a call and putting at the same strike price, the potential for high volatility can lead to considerable losses. Clients must be fully educated about these risks, and advisors must ensure optional strategies align with the client’s financial goals and risk capacity.
Jesse Espinoza Jr Red Flags & Your Rights As An Investor
Of course, Jesse Espinoza Jr 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 Jesse Espinoza Jr 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 Jesse Espinoza Jr
If you have questions about Creative Planning and/or Jesse Espinoza Jr 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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