Investor disputes involving Brandon Hanna and the financial firm Creative Planning have escalated, with recent filings alleging millions of dollars in damages tied to complex options trading strategies. These claims, which include allegations of elder financial abuse and securities fraud, highlight the significant risks posed to retirees and long-term investors when aggressive strategies are implemented without proper oversight.
If you or a loved one suffered unexpected losses in a managed account involving options trading, our financial advisor negligence attorneys at Meyer Wilson Werning can help you understand your path to recovery. We’ve recovered more than $350 million for investors harmed by unsuitable strategies, and we handle every case on a pure contingency fee, so you pay nothing unless we win.
What Are the Allegations Against Brandon Hanna and Creative Planning?
The primary source of concern for investors involves the management of accounts at the Overland Park, Kansas, office of Creative Planning. Brandon Hanna (CRD# 6758707) was an investment advisor with the firm from 2017 until late 2023. During this period, several clients allege that their portfolios were subjected to unsuitable options strategies that were inconsistent with their risk tolerance and financial goals.
The allegations listed in public disclosure records include:
- Breach of fiduciary duty and professional negligence.
- Elder financial abuse involving senior clients.
- Violations of the Kansas Securities Act and other state-specific laws.
- Suitability failures and supervisory deficiencies.
- Misrepresentation and omissions regarding the true risks of derivatives.
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A Timeline of Significant Options-Related Claims and Outcomes
Rather than a single isolated incident, the record for Brandon Hanna and Creative Planning reflects a multi-year timeline of disputes and multi-million-dollar outcomes. Below is a breakdown of the notable claims and their current statuses:
- December 10, 2025: A pending claim seeking $4,211,585 alleges a breach of fiduciary duty and common law fraud related to an options trading strategy managed from 2016 through 2025.
- October 16, 2025: A pending claim seeking $250,000 alleges violations of Florida Statutes and the Kansas Securities Act, specifically citing negligent management and supervision.
- August 28, 2024: An investor sought $9,500,000 in damages for negligence and breach of contract. Following an arbitration hearing, this specific claim was denied.
- March 6, 2024: A claim seeking $1,000,000 was denied. The allegations included intentional misrepresentation and violations of the North Carolina Securities Act.
- February 20, 2024: A pending dispute seeking $800,000 alleges negligence and violations related to options trading.
- May 2023: A significant pending claim seeking $10,000,000 alleges elder financial abuse and prohibited conduct under the Kansas Securities Act occurring between 2020 and 2022.
- July 2023: An arbitration panel issued an award of $4,762,653 following a June 2021 filing. The case involved allegations of intentional misrepresentation and violations of the California Securities Act.
- 2020: A dispute filed in March 2020 resulted in an award of $1,593,119.50. The claimant alleged constructive fraud and breach of fiduciary duty regarding options products.
Why Is Supervisory Oversight Critical in Options Trading?
Investment firms like Creative Planning have a non-delegable duty to supervise their registered representatives. This is especially true when an advisor utilizes derivatives like options, which can lead to rapid capital depletion. Supervisory deficiencies occur when a firm fails to implement systems that flag excessive concentration or high-risk trades that do not align with a client’s stated objectives.
When a firm fails in its duty to monitor and prevent unsuitable recommendations, it can be held liable for the resulting losses in arbitration. For many investors, this legal process is the only way to recover retirement savings lost due to firm negligence or advisor misconduct.
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How Meyer Wilson Werning Can Help
Options trading losses don’t just happen. They are often the direct result of an advisor who recommended a strategy that was never appropriate for your situation, then failed to disclose the real risks until it was too late. If your Creative Planning account suffered significant losses tied to options positions you didn’t fully understand or approve, the problem may not be the market. It may be the advisor. Recovering those losses requires a detailed review of your trade history, account statements, and communications.
Meyer Wilson Werning has recovered more than $350 million for investors harmed by unsuitable strategies and supervisory failures at firms just like Creative Planning. Arbitration claims are subject to strict eligibility windows, and waiting costs you leverage. Contact us today for a free and confidential consultation — there’s no cost to speak with us, and we handle every case on a pure contingency fee, meaning you pay nothing unless we recover for you.
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Frequently Asked Questions
Who is Brandon Hanna?
Brandon Hanna is a financial advisor who was registered with Creative Planning in Overland Park, Kansas, from 2017 until September 2023. His CRD# is 6758707.
What is the status of the $10 million claim?
As of early 2026, the $10,000,000 claim involving allegations of elder abuse and options misconduct remains pending.
Does a denied claim mean I cannot recover my losses?
Not necessarily. Every arbitration case is decided based on its unique facts and evidence. A denial in one case does not prevent other investors from pursuing their own claims for separate instances of misconduct or negligence.
How does arbitration work for investment losses?
Most disputes between investors and financial firms are resolved through arbitration rather than traditional court. This process is generally faster and involves a panel of arbitrators who review evidence and issue a binding decision.
Recovering Losses Caused by Investment Misconduct.