Our firm is investigating Carson Wealth financial advisor Jason Michael Juhl (CRD# 5775449) of West Des Moines, Iowa for potential investment-related misconduct.
Financial Advisor’s Career History
According to FINRA BrokerCheck, Juhl is not currently registered as a broker. His most recently reported registration history includes Wells Fargo Advisors, LLC (03/2013–02/2016) in Clive, Iowa; U.S. Bancorp Investments, Inc. (01/2016–08/2020) in Des Moines, Iowa; and Cetera Advisor Networks LLC (08/2020–02/2024) (branch location listed as West Des Moines, Iowa).
Jason Michael Juhl Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reflects one disclosed customer dispute involving allegations tied to a variable annuity recommendation.
Disclosures (for context):
- Customer Dispute (Written Complaint) — Allegations of an unsuitable recommendation involving a Jackson National Life Insurance Company variable annuity surrender, with alleged damages of $98,620; complaint received 11/07/2025; status: Denied (status date 11/24/2025); not an arbitration/civil litigation matter; employing firm listed as Carson Wealth.
November 2025 customer complaint alleging unsuitable annuity surrender and tax consequences
The client alleges that Juhl recommended surrendering a Jackson National Life Insurance Company annuity, which allegedly caused $98,620 in unexpected tax consequences. The customer further alleges it was recommended that the client open a line of credit to pay the tax consequences, stating the client had been previously debt-free.
FINRA’s record reflects the complaint was not pending and was denied as of November 24, 2025.
To obtain a copy of Jason Michael Juhl’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2111 (Suitability) requires broker-dealers and associated persons to have a reasonable basis to believe a recommendation is suitable for the customer based on the customer’s investment profile (such as objectives, risk tolerance, financial situation, and other factors). In a complaint like the one described above, suitability issues may be raised if the recommendation to surrender a variable annuity—and the associated tax consequences and financing strategy—was not aligned with the customer’s needs, tax situation, and ability to bear the risks and costs.
FINRA Rule 2330 governs members’ responsibilities regarding deferred variable annuities, including requiring a reasonable belief that the customer was informed of key features (such as surrender charges, tax penalties, fees/costs, and market risk) and requiring reasonable efforts to obtain and consider relevant customer information before recommending a purchase or exchange. Where a customer alleges harm from surrendering a variable annuity—particularly due to unexpected tax consequences—Rule 2330 can become relevant to whether appropriate disclosures, diligence, and supervisory review occurred around the recommendation.
FINRA Rule 2010 requires members and associated persons, in the conduct of their business, to observe high standards of commercial honor and just and equitable principles of trade. In practice, Rule 2010 is often cited alongside more specific rules when allegations suggest conduct that may have been unethical, misleading, or inconsistent with an investor’s fair treatment—such as recommendations that allegedly left a previously debt-free investor facing significant tax obligations and new borrowing.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis. Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.