Mihalek Law A Securities Arbitration & Litigation Firm
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October 2014 Archives

Understanding how churning impacts an investor

Many investors who reside throughout the nation are not prepared to manage their money in a way that can make a profit. Accordingly, some of these individuals turn to brokers to take care of that piece of the process. When an investor pays that individual to make money for them, there is a certain amount of trust that is placed in the broker’s hands. Unfortunately, sometimes that trust is misguided and rather than look out for the best interests of the investor, the broker takes steps to make an excessive profit off the investor.