Friday, June 27, 2014
Why clients win lawsuits against their financial advisors. Best Practices
There are many reasons clients win lawsuits against their advisors, and many could be avoided. Lack of communication with a discontented client can cause them to contact a legal professional or head out to the Internet and post negative remarks. Another aspect in arbitration is the inability of the advisor to explain a primary provision in a contract or proposal that was the centerpiece of the client ultimate discussion making process. Lastly, some advisors use technical financial or insurance language germane to their industries that can be misunderstood and all together untellable to a lay person. Syndicated financial columnist and talk show host Steve Savant interviews Ilya Lerma on this episode of "Let's Get Down to Business."
Powered by Ash Brokerage
At its core, Ash Brokerage is about Honoring the Impact ® in the lives of the financial professionals who choose to partner with us — we are an engaged group of individuals who really care. We help advisors and their clients protect those they care about in impactful, meaningful ways ... Simply put, we make a difference in the lives of people.
Learn More >>
Give Us A Call: (800) 589-3000
© 2013 Ash Brokerage Corporation
This web site is for appropriately licensed independent advisors, insurance professionals and/or registered representatives. Not intended for public use.