How to Keep from Going Broke With a Broker ― A Guide to Opening, Maintaining and Surviving Your Brokerage Account

Super Lawyer™ and former industry insider Richard A. Lewins informs, educates, and enlightens those investors who place (or consider placing) their hard-earned, saved, or inherited dollars---along with their complete trust---in the decisions made by a broker, brokerage firm, or other financial "expert." He has seen firsthand, from all sides of the table, the financial devastation that can occur when people turn over their assets to others to manage without understanding the nature of the relationship, the importance of the documents and the "red flags" to watch for that could signal trouble.

The author does not warn us away from brokers or brokerage firms; rather, he provides the information, strategies, and tools necessary so that investors can effectively monitor and collaborate in the management of their financial portfolios.

Lewins offers a wake-up call to investors who so often skip the simple steps, such as actually opening and reading the statements and correspondence our brokers send, or signing documents without having thoroughly read them for accuracy and understanding their meaning. He tells us what we need to know and what to do when things go wrong, how to recognize Ponzi schemes and other fraudulent investment operations, and what our options are for recovering losses.

How to Keep From Going Broke With a Broker is a valuable asset for anyone who has entrusted, or is considering entrusting, their financial well-being to a broker.

Are you one of the milions of people who have placed, or are considering placing, your investment assets with a broker? If the answer is yes," then what do you really know about the broker, the firm, the documents and the duties and responsibilities associated with this relationship? If the answer is "not much." or "nothing at all" then you are looking at the right book. The author, with over twenty-five years combined experience inside the brokerage industry and as an attorney representing the rights of investors who have been victirms of brokerage misconduct, takes you inside the broker/client relationship so that you can become an intelligent and informed consumer of brokerage products and services. Inside these pages you will find a practical, usful and easy-to-read guide on how to navigate the broker/client relationship.

Richard A. Lewins centers his law practice on representing individual investors in claims against brokers, brokerage firms, and investment advisors. He has represented hundreds of clients throughout the country in arbitrations before the NASD/FINRA, NYSE, and AAA, and has recovered substantial amounts through awards and settlement. He has been a featured speaker and author in the area of securities and securities litigation for the American Association for Justice (f/k/a/ ATLA), the Public Investors Arbitration Bar Association (PIABA), State Bar of Texas, Dallas Bar Association, and the American Institute of Certified Public Accountants (AICPA). His opinions on securities related topics are frequently sought by news organizations, and he has hosted a weekly radio show on investors' rights.
Mr. Lewins was named a Texas Super Lawyer™ in 2006 and 2007, recognizing him as an exceptional attorney who has attained a high degree of peer recognition and professional achievement. Selected by peer review, Super Lawyers™ represent the elite top five percent of practicing attorneys in Texas.