888-923-9223Menzer & Hill, P.A. is investigating claims involving Peter Bulkeley Brainard Jr. (CRD #2890845, Old Saybrook, Connecticut), a former broker with Ameriprise Financial Services. Prior to working for Ameriprise, Brainard worked for American Portfolio Services and prior to that he was with Lincoln Financial Advisors. Brainard recently entered into a Letter of Acceptance, Waiver, and Consent (“AWC”)… Read more »
Posts Tagged: broker check
Broker managing your portfolio?
If you’re paying a percentage fee to your broker or financial advisor to manage your investment portfolio, be mindful of the following things. This type of account is called an “investment advisory” account and as such is subject to additional regulatory requirements incumbent on the broker. 1. Does your portfolio have a single large position? … Read more »
Broker changing firms? Do due diligence before you follow.
All of the regulators, FINRA, SEC and the states securities commissioners advocate checking out your broker or advisor prior to doing any business or investments with him or her. However, if your broker or advisor changes firms and calls you up to sign a transfer form to move your account over to the new brokerage… Read more »