Borrowing Money From Your Stock Brokerage Firm Is It A Good Idea?

Feb 2, 2018 / Author Vernon Litigation Group

Christopher Vernon discusses why borrowing money from your broker could be a horrible idea. Not only are you risking your investment but now a lot of Wall Street firms are motivating their advisors that investors should have some form of loan facility with their firm. So instead of the liquidating some of your portfolio you could have your portfolio used as collateral, which can have incredibly dramatic consequences.