DID MICHAEL DOMINIC CROCE CAUSE YOU INVESTMENT LOSSES?
About Michael Croce of Creative Planning?
Michael Croce (CRD #4860533) is an experienced financial professional who has worked with various investment firms, including Vanguard Marketing Corporation and Capital Guardian, LLC. He holds certifications such as the Series 7 General Securities Representative Examination and the Series 66 Uniform Combined State Law Examination. With a career spanning more than a decade, Croce has advised clients on investment strategies and financial planning.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Croce Customer Complaints and Reviews
Customer Dispute (January 9, 2017):
- Complaint: A client alleged that the advisor’s investment plan resulted in a loss of $35,000.
- Outcome: The firm reviewed the financial plan and determined that the investment recommendations were appropriate and consistent with Vanguard’s methodology. The case was closed with no action taken against the advisor.
Allegations Against Michael Croce
A written complaint was filed against Michael Croce while he was associated with Vanguard Advisers, Inc. The client claimed that the financial plan caused significant financial loss.
The firm found no issues with the advisor’s recommendations, which adhered to its investment principles.
Michael Croce Employment History
Employment History:
- Vanguard Marketing Corporation (February 2011 – March 2018, Charlotte, NC)
- Capital Guardian, LLC (April 2009 – October 2010, Mooresville, NC)
- Synergy Investment Group, LLC (June 2008 – December 2008, Mooresville, NC)
- Triune Capital Advisors LLC (January 2005 – December 2007, Charlotte, NC)
Exams Passed:
- Series 7 (General Securities Representative Examination)
- Series 66 (Uniform Combined State Law Examination)
- Securities Industry Essentials Examination (March 27, 2018)
Investment Advisors Owe Clients The Highest Level Of Care
Investment advisors must adhere to fiduciary duties, prioritizing their clients’ best interests in all recommendations and actions. This obligation includes a duty of care, requiring advisors to perform comprehensive due diligence and offer advice suitable to the client’s financial goals and risk tolerance. Advisors must also provide full disclosure about investment strategies, risks, and potential conflicts of interest. Acting in good faith and maintaining transparency is critical to establishing trust and ensuring client protection.
Option Trading Can Be Extremely Risky
Options trading is inherently risky, especially for clients who authorize advisors to execute complex strategies. Strategies such as naked options or straddles expose investors to substantial losses due to market volatility. For instance, a naked call involves selling an option without holding the underlying asset, risking unlimited losses if the market moves adversely. Clients should thoroughly understand the risks and ensure their risk tolerance aligns with such strategies before allowing advisors to trade options in their accounts.
Michael Croce Red Flags & Your Rights As An Investor
Of course, Michael Croce 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 Michael Croce 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 Michael Croce
If you have questions about Creative Planning and/or Michael Croce 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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