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THE CLIENT RESPONDED TO A VERIFICATION LETTER WITH A NOTE THAT INDICATES HE IS NOT HAPPY WITH THE PERFROMANCE OF HIS
ACCOUNT AND THAT WILSON HAS INVESTED ALL HIS FUNDS IN TECH STOCKS.
Damage Amount Requested
$5,000.00
Broker Comment
IT IS OUR UNDERSTANDING MR. WILSON HAS SPOKEN WITH THE CLIENT ABOUT THE PERFORMANCE OF THE ACCOUNT AND HAS
ADDRESSED THE CLIENTS CONCERNS. WE REQUESTED IF THE CLIENT HAS ANY ADDITIONAL CONCERNS OR QUESTIONS TO CONTACT US.
A brokerage firm, also called a broker-dealer, is in the business of buying and selling securities – stocks, bonds, mutual funds, and certain other investment products – on behalf of its customer (as broker), for its own bank (dealer), or both. Individuals who work for broker-dealers - the sales personnel are commonly referred to as brokers.
IA
Investment Adviser
An investment adviser is paid for providing advice about securities to clients. In addition, some investment advisers manage investment portfolios and offer financial planning services.
Disclosures
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.
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Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.