Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Brokers' Fees and How They Affect You

When it comes to investing, brokers are paid in different ways. It is a common occurrence, though, for investors to be unaware of the broker’s fees and how they are expected to pay. Oftentimes, this can lead to securities fraud cases in which the broker recommends an investment based on commission, even if the investment is not right for the investor.

It is important for investors to read the fine print or ask questions in order to fully understand how their broker’s fees are structured. Whether the broker is paid by salary by the brokerage firm employing them, hourly by the investor, or by commission, these are things that investors should know in order to choose the right fee structure for their portfolio. When trading, it is important to know what you will be paying to the broker and how it can affect the recommendations being provided to you. It is not uncommon for commission-based brokers to focus on their own profits rather than those of the investor.

By understanding how brokers are paid and recognizing any discrepancies in your account, you can avoid significant losses due to broker actions. You may also notice that the fees are placed in the fine print or you are not informed of these numbers. This can constitute as fraud and you may be able to take legal action to recover any losses that were a result of bad investments.

Our securities attorneys at Meyer Wilson work with clients in order to determine if securities fraud has occurred. During your free consultation, we discuss the specifics of your case, your contract with your broker, and any fees that may have been hidden or wrongfully acquired by the broker. This allows us to work towards recovering monetary losses for you. Call us today to find out more.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram