For individuals with wealth, there are many ways into the wealth advisor system – from presentations at the senior center to cruises. But as the old adage goes, there’s no such thing as a free lunch.
Join Martin Greenbaum for a comprehensive overview of claims against financial planners and wealth advisors for malpractice. The main topics covered include how wealth advisors find clients, the duties of a wealth advisor, the “know your customer rule,” the account application and common causes of actions. Further areas addressed include FINRA, age & memory loss, disclaiming liability, the investment objective, FINRA rules for brokers, ERISA rules, Rule 2090, suitability, ‘churning,’ excessive trading, unauthorized trading, over concentration, speculation and negligence.
Mr. Greenbaum is the senior attorney at Greenbaum Law Group, LLP, focusing exclusively on collection and loss recovery. Mr. Greenbaum has presented a number of continuing education programs and has lectured widely to trade and business groups on the topic of credit collection and construction collection. He received his J.D. from UCLA Law School and is admitted to practice law in California, New York and Colorado.
Practice Areas: Business Law | Litigation | Alternative Dispute Resolution | Taxation
State Accreditations: California (CA)