Investment Advisory

New York, NY

Phone: (212) 880-3964
Fax: (212) 880-3998
Cell: (917) 275-5805

Washington, DC

Phone: (202) 661-7020
Fax: (202) 661-7059

Washington, DC

Phone: (202) 661-7011
Fax: (202) 661-7059
Cell: (202) 680-4908

Washington, DC

Phone: (202) 661-7017
Fax: (202) 661-7059
Cell: (202) 480-5278

Washington, DC

Phone: (202) 661-7015
Fax: (202) 661-7059
Cell: (202) 480-7326

Washington, DC

Phone: (202) 661-7010
Fax: (202) 661-7059
Cell: (202) 680-4941

New York, NY

Phone: (212) 880-3624

New York, NY

Phone: (212) 880-3580
Fax: (212) 880-3998
Cell: (203) 984-8256

New York, NY

Phone: (212) 880-3960
Fax: (212) 922-2870
Cell: (646) 522-3529

New York, NY

Phone: (212) 880-3973
Fax: (212) 880-3998
Cell: (914) 525-1916

Washington, DC

Phone: (202) 661-7030
Fax: (202) 661-7059
Cell: (202) 480-5921
For more information visit Our Team page.

Looking Forward

UBS’s and Morgan Stanley’s recent exit from the Protocol for Broker Recruiting may portend other financial services firms’ withdrawal going forward. If that happens, we predict an increase in litigation stemming from advisors’ departures from wirehouses; it will also impact wirehouse-to-wirehouse recruiting. Separately, the SEC has reallocated staff resources to increase the number of RIA examinations it conducts each year. In his September remarks to Congress, SEC Chairman Jay Clayton indicated that the SEC staff was on track to deliver a 30 percent increase in RIA examinations in the current fiscal year. We believe those increases will result in additional referrals to enforcement, and ultimately an increase in the number of regulatory actions – settled and litigated – against RIAs.