Phillip Atteberry: Creative Planning Advisor Lands $5mm Complaint

Redmond, Oregon financial advisor Phillip Atteberry (CRD# 4247195) recently received an investor complaint alleging that he committed fraud resulting in seven-figure damages. Securities and Exchange Commission records show that he is an investment advisor registered with Creative Planning, having previously been registered with Gupta Wealth Management.

Mr. Atteberry’s Investment Adviser Public Disclosure form discloses two investor complaints. One such complaint, filed in 2021, alleges that as a representative of Creative Planning and Gupta Wealth, he breached his fiduciary duty, acted negligently, committed fraud, and violated the Kansas Uniform Securities Act in connection with the sale of conservation easements. The pending complaint alleges damages of $5.185 million.

Another investor complaint, filed in August 2023, alleged that as a Creative Planning representative, he acted negligently and breached his fiduciary duty in connection with options transactions. The complaint alleged damages of $9.5 million and was withdrawn by the claimant.

According to the Securities and Exchange Commission, Phillip Atteberry holds 19 years of experience as an investment advisor. Based in Redmond, Oregon, he has been a representative of Creative Planning since 2016. His registration history includes Gupta Wealth Management (San Diego, California; 2014-2017), Fisher Investments (Camas, Washington; 2006-2014), Citicorp Investment Services (West Hollywood, California; 2005-2006), Wells Fargo Investments (Beverly Hills, California; 2005), Citicorp Investment Services (Los Angeles, California; 2004-2005), and Morgan Stanley (Beverly Hills, California; 2003-2004). His credentials include the passage of one securities industry qualifying examination: the Uniform Combined State Law Examination, or Series 66. He is licensed in Oregon. (Information current as of December 26, 2023.)

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