DID JOSHUA ROBERT WILLIAM TARR CAUSE YOU INVESTMENT LOSSES?
About Joshua Tarr of Creative Planning?
Joshua Tarr (CRD #6504020) , located in Caramillo, California, has extensive experience in the financial services industry, having worked with prominent firms such as TD Ameritrade, Wells Fargo Advisors, and Creative Planning, LLC. His expertise includes investment advisory services and client relationship management.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Joshua Tarr Customer Complaints and Reviews
Joshua Tarr has one customer dispute disclosed in his record.
- Dispute Regarding Mutual Funds:
- Date: Complaint received on May 9, 2018; resolved on May 16, 2018.
- Allegations: A client alleged that Mr. Tarr failed to follow instructions related to the sale and repurchase of mutual funds, resulting in damages of approximately $7,000.
- Outcome: The complaint was closed without action or settlement, as the allegations were not substantiated.
Allegations Against Joshua Tarr
The customer dispute against Joshua Tarr arose from claims that he did not execute client instructions for mutual fund transactions as specified.
- Key Points:
- The firm found no evidence to support the client’s allegations.
- The complaint was closed with no action taken against Mr. Tarr.
Joshua Tarr Employment History
- Creative Planning, LLC (2018–Present)
- Mutual Securities, Inc. (2018)
- TD Ameritrade (2016–2018)
- Wells Fargo Advisors (2015–2016)
- Bank of Springfield (2012–2015)
- Mr. Tarr is not currently registered as a broker but serves as an investment advisor.
- Exams Passed:
- General Industry/Product Exams: Series 7 and Securities Industry Essentials (SIE)
- State Securities Law Exam: Series 66
- Designations: Certified Financial Planner (CFP).
Investment Advisors Owe Clients The Highest Level Of Care
Investment advisors have a fiduciary obligation to prioritize their clients’ financial well-being. This duty includes acting in good faith, providing full transparency about fees and potential conflicts of interest, and recommending investments that align with the client’s financial goals and risk tolerance. Advisors must ensure that all investment strategies are clearly explained, including the associated risks and potential outcomes. Maintaining high ethical standards and adhering to fiduciary responsibilities fosters trust and strengthens client relationships.
Option Trading Can Be Extremely Risky
Options trading is inherently risky and requires an in-depth understanding of the market. High-risk strategies, such as selling uncovered (naked) options, can expose investors to substantial financial losses if market movements are unfavorable.
Example of a High-Risk Strategy:
- A naked put strategy involves selling put options without sufficient cash reserves or collateral to purchase the underlying security if exercised. If the market price of the security drops significantly, the investor is obligated to purchase it at the strike price, potentially incurring significant losses. Advisors must thoroughly evaluate a client’s financial situation and risk tolerance before implementing such speculative strategies.
Joshua Tarr Red Flags & Your Rights As An Investor
Of course, Joshua Tarr 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 Joshua Tarr 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 Joshua Tarr
If you have questions about about Creative Planning and/or Joshua Tarr 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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