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  • Attorneys David Meyer and Matthew Wilson have been selected to the list of Super Lawyers since 2011 and 2015 respectively.

  • Attorney David Meyer is a member of the Million Dollar Advocates Forum, an organization recognizing attorneys who have secured million dollar cases.

  • Martindale-Hubbell® Peer Review Ratings™ has recognized attorney David Meyer as an AV Preeminent® attorney in High Ethical Standing.

  • Attorneys David Meyer and Matthew Wilson have received a 10 out of 10 “Superb” rating on Avvo, calculated based on stringent and exhaustive criteria.

  • Attorney David Meyer was selected as the 2015 Lawyer of the Year for Professional Malpractice Law – Plaintiffs for Columbus, OH by Best Lawyers®.

  • Meyer Wilson was ranked as a Tier 1 Best Law Firm for both Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs by U.S. News.

  • Attorney David Meyerhas been selected to the list of the Best Lawyers in America® for Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs every year since 2011.

Why is it important to know how my broker gets paid?

Unfortunately, investment fraud is sometimes pulled off through charging outrageous fees and commissions that may not be readily apparent to investors unless they are really looking for it. Even when these types of charges are legitimate, it’s still important for investors to understand how their brokers and financial advisors are getting paid.

Brokers and advisors could be making money in a number of ways, including the salary and commissions paid by their employers, hourly or flat-rate fees for their services, third-party commissions, or a combination of these sources. Unfortunately, some unscrupulous financial professionals may try to pressure investors into investments that generate a commission for the broker—even when those investments aren’t really right for the client. Other fraudsters may try to “hide” outrageous fees by burying the fee structure in the “fine print” or just failing to mention it.

Of course, not every broker is trying to defraud you. But it’s still wise to understand the fees and commissions associated with your investments. Here are some actions you can take to learn more:

  • Ask your broker or advisor directly about fees and commissions.
  • Carefully read through your brokerage agreement and investment documentation.
  • Always do your own research about investments and advisors before investing.
  • Review your account statements and other documents to monitor fees and commissions.

If you have sustained losses due to stockbroker fraud or misconduct, reach out to an experienced investment fraud lawyer with Meyer Wilson today. Our investment fraud attorneys have represented more than 800 investors nationwide, and we know how to thoroughly investigate and pursue investor claims in FINRA arbitration and mediation.

For more information, watch Attorney Courtney Werning's video below on how brokers get paid:

Need More Information?

Investment misconduct can be complex and confusing. That’s why we’re here to help you. Visit our Common Questions page to find in depth answers directly from our attorneys. Get More Answers
Have You Been a Victim of Investment Fraud?

You trusted your financial advisor with your money, but now you're left wondering what went wrong. If you or a loved one suffered losses because of investment misconduct, Meyer Wilson can step in and fight to recover your losses. The team of investment fraud lawyers at the firm has been helping people like you since 1999 by winning judgments, settlements and verdicts worth hundreds of millions of dollars against brokerage firms, financial advisors and banks.

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