Category: Fiduciary Duty

Axing Continues at Deutsche Bank | Vernon Litigation Group

Some of the Biggest Wall Street Financial Institutions Continue Axing Thousands of Jobs Bankers and Financial Advisors for some of the biggest names in Wall Street have been receiving gloomy news for months now. For example, as it has been widely reported, approximately a month ago Deutsche Bank announced massive restructuring and downsizing that will affect approximately 18,000 employees by 2022.  But the layoffs have already begun. Unfortunately, many financial […]

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Today we visit…1998! Throwback Thursday! | Vernon Litigation Group

In a special episode of Vernon Litigation Group’s video series, we are throwing it back to our Founding Partner, Chris Vernon’s interview with a local tv station in Naples, Florida in 1998! The show highlighted Ponzi Schemes, how to protect senior citizens, and touches on due diligence for future investment opportunities. As we gift you this vintage treasure, we are also showing you proof that we have been fighting for […]

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Registered Investment Advisors | Vernon Litigation Group

When looking for a Registered Investment Advisor, make sure you do your due diligence before choosing and most importantly make sure you pay attention to fee structures as not all Registered Investment Advisors have the same fiduciary duties to you as a client and many times will promise you a high return on investment (ROI) only for the advisor to receive a high commission. Let’s remember, whatever it is, make […]

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A Shift in Fees | Vernon Litigation Group

Industry Changes Which Could Reduce the Costs of Portfolio Management A Shift in Portfolio Management Fees, Artificial Intelligence to blame? We agree with the Investment News assessment earlier this year that Schwab’s move from traditional assets-under-management fee to a flat monthly charge for robo-advising may begin to change the fee structure of the securities industry.. Based on our knowledge of the investment industry, we are also aware of many high […]

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