DID MARK EDWARD SALOW CAUSE YOU INVESTMENT LOSSES?
About Mark Salow of Creative Planning?
Mark Salow (CRD #4178341) , located in St. Louis, Missouri, has over two decades of experience in the financial services industry, including time spent at Edward Jones and Creative Planning, LLC. He holds a Certified Financial Planner (CFP) designation, emphasizing his expertise in financial planning and investment advisory services.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Mark Salow Customer Complaints and Reviews
Mark Salow has one regulatory disclosure on record involving the Florida Office of Financial Regulation.
- Allegation: The Florida Office of Financial Regulation alleged that Mr. Salow made a material misstatement on his application for registration by omitting a required disclosure related to a prior charge.
- Date: Regulatory action initiated on March 14, 2022; resolution finalized on May 11, 2022.
- Outcome: The Florida Office of Financial Regulation issued a final order denying Mr. Salow’s application for registration as an associated person of Creative Planning, LLC. This decision followed a Notice of Intent to Deny, and Mr. Salow did not request a hearing to contest the allegations.
Allegations Against Mark Salow
- Details: The sole regulatory disclosure involving Mark Salow pertains to an administrative oversight on his registration application. The Florida Office of Financial Regulation asserted that he omitted required information, which constituted a material misrepresentation under Florida law.
Regulatory Resolution:
- Mr. Salow’s application was denied via a final order issued on May 11, 2022, due to the undisclosed charge.
- There was no finding of fraudulent or deceptive conduct, and the case did not involve investment-related products or client funds.
- He chose not to contest the decision by requesting a hearing.
Mark Salow Employment History
Designations: Certified Financial Planner (CFP).
Firms Worked For:
Edward Jones (2000–2001), financial advisor
Creative Planning, LLC, (2013–Present), Investment Advisor Representative
Registrations: Not currently registered as a broker but holds qualifications as an investment advisor.
Exams Passed:
General Industry/Product Exam: Series 7
State Securities Law Exams: Series 63 and Series 65
Investment Advisors Owe Clients The Highest Level Of Care
Investment advisors have a fiduciary duty to act in the best interest of their clients, ensuring loyalty and care in all advisory relationships. This includes fully disclosing all potential conflicts of interest, risks, and costs associated with investment strategies. Advisors must thoroughly understand a client’s financial situation, goals, and risk tolerance to recommend suitable investments. Transparency and ethical behavior are essential to maintaining trust and compliance with regulatory standards.
Option Trading Can Be Extremely Risky
Options trading involves significant risks and requires careful consideration before implementation. Advanced strategies, such as selling uncovered (naked) calls, can expose clients to potentially unlimited losses if market prices move unfavorably.
Example of a High-Risk Strategy:
- A short straddle involves selling both a call and a put option at the same strike price, expecting minimal price movement in the underlying asset. If the market becomes volatile, the strategy can result in substantial losses on either side of the trade. Advisors must ensure clients understand these risks, align the strategy with their financial goals, and carefully monitor market conditions to mitigate potential losses.
Mark Salow Red Flags & Your Rights As An Investor
Of course, Mark Salow 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 Mark Salow 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 Mark Salow
If you have questions about about Creative Planning and/or Mark Salow 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.
Rate this Post
Loading...