How Broker & Financial Adviser Get Paid

Investor Claims Is What We Do - All Day, Every Day

Since 1999 our law firm has recovered more than $350,000,000 for victims of investment fraud and misconduct.
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million

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:

The Meyer Wilson Way

Results-Focused Representation
  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for over Ten Years Running
  • David Meyer is the Immediate Past-President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

TRUSTED BY OVER 1,000 INVESTORS

Meyer Wilson has represented over 1,000 individual investors in high-stakes claims across the country, and has recovered over $350 million on their behalves. See what former clients have to say about our team.

  • “I primarily worked with Courtney Werning throughout the process and she was informative and knowledgeable. I trusted and fully recommend Courtney and her team.”

    - S.R.
  • “The communication throughout the process was on par - and they took the time to indulge me with the various questions and opinions.”

    - R.G.
  • “What I truly appreciated was getting a great result for my Mom with limited involvement/stress on her.”

    - S.W.
  • “We went to arbitration with the other respondent and I got to see firsthand the level of professionalism and expertise the Meyer Wilson firm can deliver.”

    - D.V.
  • “Chad would take the time to call and talk with me. His explanations were always clear and concise. I also appreciate all the effort put into the details and statistics required to argue this case.”

    - P.N.
  • “Meyer Wilson was able to produce the results that we felt were obvious and warranted while several other firms and even state offices simply had trouble understanding let alone moving the case forward.”

    - B.K.
  • “My overall experience was positive and I would encourage anyone who even thinks they have been a victim of stockbroker misconduct to call David.”

    - S.T.
  • “Meyer Wilson represented me in a suit brought last year against my brokerage firm, securing a very fair and equitable settlement for me.”

    - R.G., M.D.
  • “Right from the start, you had the passion and desire to win this case for us. I have never worked with an attorney or firm as compassionate as yours. I would highly recommend your firm to anyone.”

    - G.A.

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