Joel Harworth Linked To Centaurus Financial Investor Arbitration Claim Re: Unsuitable Advice

Investors potentially experienced sales practice violations by securities broker Joel Daniel Harworth [CRD: 3131373, Prescott Valley, Arizona], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Joel Harworth worked for Centaurus Financial Inc. beginning April 13, 2016, as a financial advisor and beginning April 15, 2016, as a securities broker. Investors are encouraged to continue reading to discover more about disclosures involving Harworth.

Centaurus Financial Investor Accused Harworth Of Unsuitable Recommendations

Specifically, a Centaurus Financial Inc. client filed FINRA Arbitration No. 24-01617 about Joel Harworth. Mainly, the client alleged that Harworth inappropriately recommended high-risk and illiquid investments, and breached his fiduciary duty. Because of this, the client allegedly experienced damages on corporate bonds. Therefore, on August 7, 2025, Centaurus Financial Inc. settled this matter by paying the client $29,000.

Joel Harworth Disclosed Breach Of Fiduciary Duty Allegations By Centaurus Financial Client

Also, a client of Centaurus Financial Inc. contested Joel Harworth’s sales practices by filing FINRA Arbitration No. 24-00678. Allegedly, Harworth made unsuitable recommendations in risky and illiquid corporate bonds, and the broker breached his fiduciary duty. It appears that Harworth allegedly caused the client to sustain damages. As a result, Centaurus Financial Inc. agreed to settle the matter on March 12, 2025, by compensating the client in the amount of $40,000.

Wescom Financial Investor Accused Harworth Of Omissions

Particularly, on November 21, 2008, a Wescom Financial Services LLC client filed a complaint about Joel Harworth. Primarily, the client alleged that Harworth sold variable annuities within an IRA without adequately explaining fees, penalties, terms, and conditions associated with the investment. For this reason, the client allegedly suffered damages. Consequently, the client requested $9,749.82 in compensation from Wescom Financial Services LLC or Harworth. However, the firm denied this complaint.

Did You Invest Through Financial Advisor / Securities Broker Securities Broker Joel Harworth?

Did you suffer any investment-related losses because of Joel Harworth? You should contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities lawyers work on a contingency fee basis and advance all costs. Harworth and brokerage firms Harworth worked for deny accusations of sales practice violations.