Wall Streets Ongoing Efforts to Avoid Fiduciary Standard are now Absurd

Dec 20, 2018 / Fiduciary Duty , Tags:

The self-interested behavior of Wall Street was fully exposed a decade ago by the greatest financial crisis in the last 50 years. Specifically, one of the core realizations that came out of this crisis was the fact that the business model of Wall Street was not aligned with the best interest of retail investors. As a result, the self-regulatory organization funded by the securities industry (FINRA) acknowledged that a fiduciary […]

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Why the Collapse of Option Sellers is Troubling and Tragic but Unsurprising

The business run by James Cordier and his colleagues (Option Sellers) was full of red flags from our perspective as Investor Rights Attorneys: Investing in energy options within self-directed IRAs; purportedly “conservative” strategies with high returns that involved leveraged energy option investing; a sales pitch that required high minimums to invest, along with a theme that investing with Option Sellers would make you “one of the elite”; and accounts apparently […]

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Self Directed IRAs | Huge Red Flags That You Should Look For

Nov 21, 2018 / protecting investors

In our ongoing weekly video series, Chris Vernon explains why when someone asks you to invest in something but it requires you to open a self-directed IRA, it should starting ringing some warning bells. Whenever you are dealing with an IRA you are dealing with your retirement savings and that means these are funds that you do not want to put at risk. Find out more here:   For a […]

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Advice for Financial Advisors who are Transitioning away from their Broker Dealer

Nov 14, 2018 / Financial Advisors

As evidenced by recent events at Wells Fargo, many financial advisors become troubled by what they perceive to be the greedy practices of their own firms. Top Advisors often begin to see that the internal culture and incentives of their broker dealer are not aligned with the best interest of their clients. As a result, financial advisors often look for an alternative platform that will better serve their clients. If […]

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