If you are interested in investments and are looking for a financial advisor
or broker, it is important to understand the various titles and credentials
that may come along with the person or firm you hire. While there are
a number of advisors who have the right credentials and the track record
to prove their ability, there are a number of individuals who don’t
have the best designations available. You should do your research before
you hire someone to handle your finances and investments.
Watch Attorney Courtney Werning's Video for More Info on Investment
Some designations are not what they seem and can be used to help an advisor
manipulate an investor. The credentials you want to look for often require
the advisor to endure countless hours of study and training, multiple
tests, and ongoing education that keeps them up to date on all of the
rules and regulations.
You may also look at other factors to determine if an advisor is right
for you such as registration with FINRA, the SEC, or state agencies. This
means that the advisor is in good standing and can most likely be trusted
to operate within regulations to help you invest properly. If an individual
has questionable credentials and is not a registered advisor, it is wise
to stay away and find someone who is more qualified to handle your finances.
Choosing the right broker or financial advisor is crucial to your investment
portfolio and making sure that this person is qualified is important.
If you invested with an advisor who portrayed certain credentials but they
turned out to be false or unqualified, it is important to make sure you
take legal action. Oftentimes, these advisors cost their investors a significant
amount of money and the only way to recover these losses is to have legal
counsel on your side. At Meyer Wilson, our securities attorneys offer
free case reviews so you can discuss your case with us and determine the strongest course
of action available to you. Call today to begin your case.