For financial advisors, achieving client goals requires more than investment expertise. It involves a thorough understanding of each client’s unique financial situation, continuous communication, and diligent portfolio management. A key aspect of this process is ensuring that a client’s material information, such as income, net worth, age, and life changes, is regularly updated and accurately […]
In April 2022, the investment landscape shifted dramatically when GWG Holdings declared bankruptcy, significantly impacting investors, particularly those with GWG L Bonds. At Bakhtiari & Harrison, a leading law firm in Beverly Hills foucsing on FINRA arbitrations, we are dedicated to offering our expertise, guidance and robust representation to investors adversely affected by these events. […]
In the rapidly evolving landscape of financial services, maintaining compliance with regulatory standards is paramount. For FINRA registered persons, the use of text messages to communicate with clients presents significant challenges from a compliance standpoint. At Bakhtiari & Harrison, our experienced FINRA securities attorneys emphasize the importance of adhering to best practices to mitigate these […]
The FINRA Investor Education Foundation (FINRA Foundation) has released a new report, The machines are coming (with personal finance information). Do we trust them? Despite the growing popularity of artificial intelligence (AI), very few consumers knowingly turn to AI for information on personal finances, according to the report. The report and its findings are based on […]
Interest rates are a critical lever in the economic machinery, influencing a myriad of financial and economic variables. Over the past few years, fluctuations in interest rates have had profound effects on various sectors, including the stock market, real estate (both commercial and residential), derivatives, and startups. This report provides a detailed and sophisticated analysis […]