Quote:
Originally Posted by tikigal
I don't know what to do either I am with a new firm, as I watched my money tumble with New Bridge Securities while the stock market climbed. He literally kicked me under the bus. I would love to know what you are doing about it, is there a lawsuit, not classaction, we won't get any money, that we can collect. He lives in a gorgeous house out in Ocala, where the LPGA played events.
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I believe that this was Michael L Whitaker's problem. His income did not keep up with his lifestyle when he delivered fiduciary service to his clients. He needed more in commissions than the low risk investments were providing so he started putting clients, that were in the low risk categories, into high risk investments for the higher commissions.