DID AARON SCOTT BUCZEK CAUSE YOU INVESTMENT LOSSES?
About Aaron Buczek of Creative Planning?
Aaron Buczek (CRD #2838281) has been a registered investment advisor since 2013 and is currently affiliated with Creative Planning. With over two decades of experience in the financial services industry, he has worked for multiple firms, including TD Ameritrade, Amerivest Investment Management, and Charles Schwab. Mr. Buczek has demonstrated his commitment to the profession by passing the Uniform Investment Adviser Law Examination (Series 65).
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Aaron Buczek Customer Complaints and Reviews
Number of Incidents: 2 (Customer Disputes)
- Dispute 1:
- Complaint received March 31, 2021; arbitration concluded August 3, 2022.
- Employer: Creative Planning.
- Allegations: Breach of fiduciary duty, constructive fraud, fraud by misrepresentation and omission, and negligence related to options trading.
- Alleged Damages: $1,188,816.
- Outcome: Arbitration awarded $1,593,119.50 to the claimant. Mr. Buczek did not contribute personally to the settlement.
- Forum: AAA Arbitration, Docket #: 01-20-0014-7055.
- Dispute 2:
- Complaint received October 17, 2016; resolved December 1, 2017.
- Employer: TD Ameritrade.
- Allegations: Client claimed the advisor assured them the Twitter IPO was not restricted.
- Damage Claimed: $3,000,000.
- Outcome: The claim was denied in its entirety by the FINRA arbitration panel (Case #: 16-02792).
Allegations Against Aaron Buczek
- Options Trading Dispute:
- Allegations of fraud, misrepresentation, and negligence involving significant losses in options trading.
- Arbitration awarded over $1.5 million in damages.
- Equity IPO Dispute:
- Client alleged misrepresentation regarding access to the Twitter IPO, claiming substantial financial damages.
- The FINRA panel found no evidence of wrongdoing and denied the claim.
Both cases emphasize the necessity for transparency and diligence in investment advising, especially with complex financial products.
Aaron Buczek Employment History
- Current Registration:
- Creative Planning (March 27, 2013 – Present).
- Licensed in California and Texas as an Investment Advisor Representative.
- Past Employment:
- TD Ameritrade, Inc. (2008 – 2013, Carlsbad, CA).
- Amerivest Investment Management, LLC (2008 – 2013, Carlsbad, CA).
- Financial Network Investment Corporation (2008, San Diego, CA).
- Charles Schwab & Co., Inc. (2000 – 2002, Los Angeles, CA).
- Exams Passed: Series 65 (Uniform Investment Adviser Law Examination, July 10, 1997).
Investment Advisors Owe Clients The Highest Level Of Care
Investment advisors are bound by fiduciary duties to act in their clients’ best interests. This obligation requires transparency about investment strategies, associated risks, and potential conflicts of interest. Advisors must perform thorough due diligence to recommend investments aligned with their clients’ goals and risk tolerance. By adhering to these principles, advisors maintain trust and foster long-term client relationships. Fiduciary duty is fundamental in ensuring ethical practices and protecting investor interests.
Option Trading Can Be Extremely Risky
Option trading is inherently risky and requires a deep understanding of market movements. High-risk strategies, such as selling uncovered options, can expose clients to unlimited losses. For example, selling naked call options can result in substantial financial harm if the underlying asset’s price surges unexpectedly. Advisors must ensure clients comprehend these risks before engaging in such strategies. Transparency, risk mitigation, and proper client education are crucial to managing these volatile investments effectively.
Aaron Buczek Red Flags & Your Rights As An Investor
Of course, Aaron Buczek 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 Aaron Buczek 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 Aaron Buczek
If you have questions about Creative Planning and/or Aaron Buczek 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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