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Protect Your Money: A Story about Stockbrokers
Paperback
Publisher Price: $11.95
ISBN13: 9781469758169
Publisher: Authorhouse
Published: Mar 2 2012
Pages: 144
Weight: 0.44
Height: 0.31 Width: 6.00 Depth: 9.00
Language: English
John Simpson is a broker who always puts the interests of his clients as his first consideration when recommending an investment. He specializes in safe, conservative investments. John is engaged in a constant battle with the Branch Manager because the manager wants him to increase his commissions at his client's expense. But John will not bend his principle of putting the client's interests first. Despite the obstacles, he becomes a top-producing broker.
Joe Dunigan is a broker that believes that commissions always come first. He does whatever is needed to maximize commissions, without regard for the best interests of the client. He likes to trade high-risk investments such as options because it generates more commissions. A dramatic change in his life forces him to reconsider his investment philosophy.
Mike Rabinovitz is the Branch Manager. His only interest is the bottom line, or branch profitability. He does not seem to care about the interests of the clients or the interests of the brokers. He constantly puts pressure on the brokers to increase commissions. As a result, he has a high turnover rate among the brokers. His disregard for the interests of the clients and the brokers eventually gets him in trouble.
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