Joseph Tartaglini: $425K Complaint Against JP Morgan Advisor

A recent investor complaint against Reno, Nevada financial advisor Joseph Tartaglini (CRD# 4963465) alleges that his advice resulted in damages of more than $400,000. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with JP Morgan Securities.

Mr. Tartaglini’s BrokerCheck report discloses two investor complaints. The most recent, filed in August 2025, alleges that as a representative of JP Morgan Securities, he provided a poor mutual fund recommendation and gave poor advice. The pending complaint alleges damages of $425,000.

An earlier investor complaint, filed in 2020, alleged that as a JP Morgan Securities representative, he recommended an unsuitable mutual fund investment. The complaint reached a settlement of $24,419.90.

Investors should be aware that FINRA’s suitability requires brokers to “have a reasonable basis to believe” that their investment recommendations are appropriate, or suitable, for a client’s background and objectives. FINRA Rule 2111 stipulates specifically that representatives must assess a recommendation’s suitability “on the information obtained through reasonable diligence of the firm or associated person to ascertain the customer’s investment profile.” A customer’s profile includes their age, risk tolerance, liquidity needs, tax status, net worth, and other factors. “A broker’s ‘recommendation,’ which is based on the facts and circumstances of a particular case, is the triggering event for application of the rule,” the rule states. Brokers who recommend unsuitable investments may be liable for damages.

According to the Financial Industry Regulatory Authority, Joseph Tartaglini holds 20 years of securities industry experience. Based in Reno, Nevada, he has been registered as a broker and an investment advisor with JP Morgan Securities since 2017. His past registrations include Merrill Lynch, First Allied Securities, Financial Network Investment Corporation, and National Planning Corporation. His credentials include the passage of seven securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 26 state licenses. (Information current as of September 20, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.