Claimants allege registered representative provided unsuitable recommendations and misrepresented the associated risks, leading to inappropriate investments that resulted in lost capital.

$235,000.00

$10,000.00

Before the clients decided to work with my partner and me as their Financial Advisors, we went through a lengthy planning process spanning over several months before coming to decisions on what strategies we would recommend and implement to fulfill their needs. Both shared they were rather conservative, but the planning we completed illustrated a conservative oriented portfolio would not provide them the income and financial security they would need through their retirement. A moderate oriented portfolio with a focus on income guarantees and income generation at the foundation would generate the income and security they needed based on their retirement income needs. Ultimately, the portfolio they agreed to consisted of a Fixed Annuity for principle protection, Fixed Indexed Annuities with an Income Rider for principal protection and lifetime guaranteed income with additional Long Term Care benefits, Non-Traded Business Development Company investments for the high dividend income potential they provided, and a liquid Managed Investment Portfolio which blended traditional index funds with tactically managed funds to help insulate the investment principle from severe market fluctuations. We went through each recommendation in detail over several meetings covering the pros, cons, risks, and rewards of each strategy before any decisions were made. We met with our clients quarterly reviewing all of the strategies we put in place, updated the plan, informed of any changes occurring with the strategies, and adjusted as necessary.