In New York, across the United States and in Puerto Rico, investment opportunities and the chance to make money are an irresistible temptation. This is true for savvy investors, those just getting started and anywhere in between. There is always a danger when a new and popular product gains prominence with advisers, brokers and others […]
Investing money can be a good way to increase people’s income and wealth, but it also carries great risk. Most people don’t have the knowledge of the financial markets necessary to manage their risks. Many New Yorkers have brokers whom they entrust to make prudent investments that meet their investment goals. Brokers may need to […]
All investing entails some risk. Some investors are comfortable with more risk, while others prefer to keep it minimal. Comfort and trust are also key to your relationship with your adviser. You will likely do a great deal of research when you choose an adviser to handle your money and one question you should ask […]
Annuities, whether fixed or variable, are typically chosen by investors looking for a relatively conservative return. Often, the intent is not to maximize their earnings but to establish a safe and reliable source of income into one’s retirement years. As a result, missteps by a broker can be particularly jarring, creating an income shortage the […]
Financial markets are constantly in flux, and brokers in Long Island need to make honest and appropriate transactions that ensure their investor’s portfolios continue to be profitable. While most brokers take their obligations seriously and act prudently and with due care, there will be those brokers who will engage in acts of misconduct that hurt […]
Puerto Rico is yet again landing on the radar of investors across the U.S. and world. This has been primed by the U.S. Congress allocating over $20 billion in funds, following 2017’s Hurricane Maria. In addition, according to the former president of the Puerto Rico Chamber of Commerce, Kenneth Rivera, the bankruptcy debt restructuring of […]
People in New York City, Long Island, and across the nation are intrigued by digital currency. This is unsurprising given the number of prominent people taking part in advertising campaigns for it and known investors who tout it as the wave of the future. Still, as with any new investment vehicle, there will, unfortunately, be […]
Many people put their life savings into investments, hoping to build some wealth to see them through retirement, put their kids through college or just make life a little easier. When these investments turn out to be fraudulent, it can do tremendous damage. This is why securities fraud is such a serious crime, and why […]
Securities fraud is an umbrella term that includes various financial crimes such as Ponzi schemes, pyramid schemes and other fraudulent activities. One fairly common type of securities fraud is known as a “pump and dump” scheme. This type of fraud can be difficult for investors to detect until it is too late. It can also […]
When an investor finds themselves in a dispute with their broker or investment advisor, they may wonder what their options are. One option is arbitration which may not be as involved as the court process. It is worth considering as an option to help resolve investment-related concerns. The basics of securities arbitration Securities arbitration can […]