Read His Book
Do you invest with a broker? If the answer is “yes,” what do you really know about the broker, the firm, the documents and the duties and responsibilities associated with this relationship? If the answer is, “not much” or “nothing at all,” this book is right for you.
The author, with over twenty-five years combined experience inside the brokerage industry and as an attorney representing the rights of investors who have been victims of brokerage misconduct, takes you inside the broker/client relationship so that you can become an intelligent and informed consumer of brokerage products and services.
Inside these pages, you will find a practical, useful and easy-to-read guide on how to navigate the broker/client relationship.
You will learn:
- What to look for in choosing a broker.
- What to expect from a broker in terms of advice and recommendations.
- The types of, and importance of, the documents associated with opening and maintaining a brokerage account.
- Cautions or ‘red flags’ which could indicate that something is wrong in your account.
- What you can do if you believe you have been the victim of broker misconduct.
Prevent Brokerage Misconduct with How to Keep From Going Broke with a Broker: More About the Book
Super Lawyer™ and former industry insider Richard A. Lewins informs, educates, and enlightens those investors who place (or consider placing) their hard-earned, saved, or inherited dollars—along with their complete trust—in the decisions made by a broker, brokerage firm, or other financial “expert.” He has seen firsthand, from all sides of the table, the financial devastation that can occur when people turn over their assets to others to manage without understanding the nature of the relationship, the importance of the documents and the “red flags” to watch for that could signal trouble.
The author does not warn us away from brokers or brokerage firms; rather, he provides the information, strategies, and tools necessary so that investors can effectively monitor and collaborate in the management of their financial portfolios.
Lewins offers a wake-up call to investors who so often skip the simple steps, such as actually opening and reading the statements and correspondence our brokers send, or signing documents without having thoroughly read them for accuracy and understanding their meaning He tells us what we need to know and what to do when things go wrong, how to recognize Ponzi schemes and other fraudulent investment operations, and what our options are for recovering losses.