Selling-Away Attorneys  In the securities industry, stockbrokers and financial advisors are required to sell investment products that are approved and authorized by their brokerage firm.  If the advisor wants to sell an investment that is not currently approved by the firm, they must get written permission from the firm prior to selling such investment, pursuant …
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 Many people have heard of  “Ponzi” Schemes because of scammers like Bernie Madoff and Allen Stanford.  However, most people aren’t aware that there are dozens, if not hundreds, of Ponzi schemers that run these schemes throughout the country, albeit on a smaller scale.  However, Ponzi Scheme victims are just as financially devastated as many of …
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Use of Home Equity to Invest For many Americans, their primary residence is often their largest asset.  Within the last 10 to 15 years, some Americans wanted to tap into that asset and use home equity loans to invest in the stock market.  With the rising level of real estate prices during the first half …
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Non-traded REITs Many people are aware of the real estate bubble that ran up real estate prices in the first half of the 2000’s decade but saw prices crashing in 2007-2009.    Wanting to get in on the real estate boom, many advisors recommended that their customers invest in REITs (or Real Estate Investment Trusts).  A …
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Variable annuities are contracts between the investor and an insurance company where an investor deposits money in an annuity (either in a lump sum or on a regular basis), and in return the investor gets periodic payments, either immediately or in the future.  See http://www.sec.gov/investor/pubs/varannty.htm.  The value of the annuity varies, depending on the performance …
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  Whether or not a particular investment is a suitable investment is determined by balancing the risk and type of investment with the investor themselves and their investment objectives. Some, but not all, of the factors that can be considered with determining whether an investment or an investment plan is suitable for a particular investor …
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