ORCUTT, CALIFORNIA
Have you invested with investment adviser Julie Darrah from Orcutt, California? We are reviewing allegations made against Julie Darrah, formerly known as Julie Banuelos. According to AdvisorInfo, a website maintained by the Securities and Exchange Commission, she was fired by her firm while under an internal investigation.
According to AdvisorInfo, she was “terminated during an internal review for fraud, wrongful/unauthorized taking of client property, and for violations of investment-related securities law (including those related to custody of client assets), firm policies and expected industry and professional standards, including failure to cooperate with the firm’s internal review”. The termination happened in September 2023.
Between January 2022 and September 2023, Julie Darrah was licensed as an investment advisory representative through Wealth Enhancement Advisory Services. She was also licensed previously with Vivid Financial Management.
Investment advisory firms are required to have written internal policies which dictate what advisors can and cannot do. If the advisor fails to follow firm policy, that could lead to discipline against the advisor, including termination.
You can find Julie Darrah’s AdvisorInfo report here.