Brokers Investors News

Are Advisors Too Expensive?

According to a survey conducted by the personal finance website MagnifyMoney, nearly half of U.S. adults think financial advisors are expensive and only for the wealthy, even though almost all who use advisors consider them worth it, according to a new survey. The survey of 1,500 adults found that 30% […]

mandatory arbitration
Arbitration Investors News

End Mandatory Arbitration?

Elizabeth Warren has once again taken up the charge to end pre-dispute arbitration agreements, which she calls “forced arbitration.” I have addressed the topic on numerous occasions and while I am a fan of arbitration, pre-dispute arbitration agreements can be an issue, particularly in consumer cases, such as car rental […]

ubs yes
Arbitration Investors

UBS Arbitration Claims Moving Forward

UBS customers who have lost money in the UBS Yield Enhancement Strategy (UBS YES), and who have filed arbitration claims against UBS to recover their losses are having their cases move to hearings before” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>FINRA. UBS YES involved investing in options with a complex series of put and call spreads […]

indexed annuity
Investors Primer

What is an Indexed Annuity

An indexed” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>annuity is a complex financial product. It is a type of contract between an insurance company and the investor where the company promises to provide returns linked to the performance of a market index such as the Dow Jones Industrial Average or the S&P 500. In the typical […]