Today’s guest on the Consumerism Commentary Podcast is Richard Lewins, founder of the LewinsLaw legal practice and author of the book, How to Keep From Going Broke with a Broker – A Guide to Opening, Maintaining and Surviving Your Brokerage Account. Tom Dziubek talks to Richard about the basics of what being a broker is, what their responsibilities are, and how to take precautions when dealing with one.
How to Keep From Going Broke With a Broker, Richard Lewins
Production/Segment: S03E06 / 77
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Table of contents
[00:00] Introduction from Flexo
[00:32] Interview with Richard Lewins
– [00:48] LewinsLaw legal practice
– [01:09] Defining brokers
– [01:53] Broker training and licenses
– [04:15] Brokers and fiduciaries
– [05:27] How brokers are compensated
– [06:06] The guidance that people can expect from brokers
– [07:09] The people who need brokers
– [08:50] Brokers and discount brokerages
– [09:48] How to deal with possible broker misconduct
– [12:41] Examples of broker misconduct
– [16:28] How to Keep From Going Broke with a Broker
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Updated April 13, 2016 and originally published May 30, 2010. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.