According to many financial publications and pundits, one of the most significant decisions an investor and/or financial advisor will make in their portfolio strategy is in determining the overall asset allocation. Perhaps in an effort to simplify (or oversimplify) this decision, some may refer to a traditional rule of thumb and cite to a rule […]
Asset Allocation – Does the traditional rule of thumb still apply? Read More »
The overall markets and indices were up for 2017, and for some, the rising tide may be floating all boats. If you are an investor and your portfolio is not reflecting the positive results that you would have expected given the market performance, it might make sense to review with your financial advisor the big
2017 Stock Market Results – Did You Invest In The Losers? Read More »
On 1/8/18, an American Arbitration Award (AAA) was issued by a Panel against Allegis Investment Advisors in the amount of $911,000. Allegis is an investment advisor firm based in Boise, Idaho that offered customers a complex options trading strategy known as a spread strategy. In August 2015, strategy failed spectacularly causing customer losses of $39
News Report 1/26/18 Read More »
On 1/12/18, FINRA fined three broker-dealer firms and an individual member $187,500 for municipal securities rule violations, including improper charges, trade reporting violations, supervisory failures, and unsuitable recommendations. Davenport & Co., George K. Baum & Co., Cantor Fitzgerald & Co., along with Todd Kimm were all fined by FINRA. Kimm was alleged to be involved
News Report 1/19/18 Read More »
Daniel T. Fischer, a financial consultant previously with Four Points Capital Partners, LLC in Melville, New York, appears to be the subject of a December 2017 SEC Complaint alleging that Fischer and another Four Points Capital Partners financial consultant, Zachary S. Berkey, recommended a high cost in-and-out trading strategy that may have been unsuitable for
News Report 1/16/18 Read More »