Michael Fortey’s Post

Quick tip: Check whether your broker or brokerage firm has been following the rules with #FINRA's BrokerCheck tool

We have been talking about the problems with structured notes for years. This is just the beginning. If you have clients or friends that were sold structured notes, give us a call. #structurednotes #finra

These two quotes are in the same Citywire USA story. If your goal is to create a practice focused on the client's best interest, you become a fiduciary, you do not join a publicly traded broker dealer whose fiduciary responsibility is to their shareholders not to their clients. 'In our quest for a partner that mirrors our commitment to providing exceptional experiences and putting clients’ best interests first, LPL emerged as the clear choice,’ Elsberry stated. LPL and other brokerage firms are currently facing multiple federal lawsuits over their cash sweep programs. The suits claim the firms have breached their fiduciary duties and unjustly enriched themselves at the expense of investors by paying low interest rates on clients’ uninvested cash #fiduciaryduty #wealthmanagement #RIA #breakaway

https://lnkd.in/ehUK-ifw Broker fee driven strategy. buy and hold of the sp500 index would have generated exponential returns

Accessibility: Realizing the True Benefits of Joining L.M. Kohn https://lnkd.in/e-B_bFaW #Independentfinancialadvisor #Compliance #financialadvisor #finance #money #trading #investment #business #wealth

In the world of finance, it is important to distinguish between genuine investment possibilities and possible frauds. This Qxbroker review provides important details to help you decide if Qxbroker is a reliable source for investments or a possible scam. #Qxbrokerreview

This is a good rule proposal with business continuity in mind for all parties affected in real estate transactions.

Conflicts of interest from revenue sharing with mutual funds. Financial advisors should work for their clients not a firm because when you work for someone other than your client directly these issues can potentially arise. It’s hard to go it alone…it’s less hard to go it alone with a partner like us to help you figure things out. Our mission is clear: help advisors be truly independent so they can only work for their clients and not a broker dealer.

Are you looking for a reliable way to assure your clients, partners, and stakeholders that you’re committed to upholding your contractual obligations? Ensure trust and compliance with Commercial Bonds. Whether it's performance bonds, license bonds, or contract bonds, we've got you covered. #SmithBrothersInsurance #BeSure #HelpingOthers #RiskManagement #TrustedAgent #InsuranceAgency

Securities regulators have granted temporary exemptions allowing EMDs to participate in selling groups for prospectus-qualified securities, supporting SME capital raising efforts. This initiative could signify a move towards expanding the involvement of EMDs in the distribution of securities. Read more on our website: https://bit.ly/4dnlD6v #SecuritiesRegulation #CapitalMarkets #RegulatoryCompliance #CanadianCompliance