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Visit your local Park Avenue Securities LLC at 7 Hanover Square in New York, NY to find a financial representative for everything from life insurance, annuities, and investments to dental and vision insurance and employee benefits. 131 [457 ] Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research. 399 548 333 333 333 576 537 333 How many times did it occur? CA insurance license #0G53717 AR insurance license #9477659 In Computershare, the page will automatically detect who the broker is based on DTC code. In addition, Park Avenue Securities failed to establish, maintain and enforce a supervisory system and written supervisory procedures (WSPs) reasonably designed to ensure that customers received sales charge discounts on all eligible UIT purchases in violation of NASD Conduct Rule 3010 and FINRA Rule 2010. What does this mean and why is it important? 277 277 354 556 556 889 666 190 Start now. /ItalicAngle 0 333 333 365 556 833 833 833 610 ] .Amount due. Line Number: 1349. 10 HUDSON YARDS NEW YORK, NY 10001 UNITED STATES . Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Office Location. /Type /Font Securities products/services and advisory services offered through Park Avenue Securities LLC, a registered broker-dealer and registered investment adviser. 600 600 600 600 600 600 600 600 /Type /FontDescriptor You can contact Park Avenue Securities by calling (888) 600-4667. 777 722 722 722 722 666 666 610 Ana Sandoval Firm offers mutual funds that carry 12b-1 fees, which increases the total annual cost of owning the fund (with no guarantee of higher returns). << The Law Offices of Robert Wayne Pearce, P.A., offers free consultations. As a financial advisory firm, Park Avenue Securities can provide a variety of financial planning services for Americans. * A few of the notable FINRA sanctions for its supervisory failures are below: FINRA investigated Park Avenue Securities and discovered that it disadvantaged certain retirement plan and charitable organization customers who were eligible to purchase Class A shares in certain mutual funds without a front-end sales charge (Eligible Customers). We take protecting your data and privacy very seriously. Consequently, OSJ managers cannot and do not supervise the day-to-day operations of the registered representatives of these Independent broker-dealers. 500 500 500 333 259 333 583 0 600 600 600 600 600 600 600 0 << These conflicts can negatively impact clients via hidden fees and overall higher costs. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Consult With An Attorney Who Recovers Investment Losses Caused By Park Avenue Securities LLC Today! To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case. Firms that earn a 4.5 or 5 star rating are also eligible to receive the "Trusted by investor.com" badge. /FirstChar 32 The NSCC member directory is made available here to all interested parties. Our system has identified the following conflict alerts. Qualified participating firms must abide by investor.com Certification program's terms and conditions when utilizing an awarded "Trusted by investor.com" badge, as well as in connection with permitted enhancements to the firm's investor.com profile page. /Widths [ Additionally, at Park Avenue Securities our financial professionalsworkwith Pershing1, a leading provider of global financial business solutions for over 75 years, which provides a critical foundation. 399 548 333 333 333 576 537 333 The DTC is responsible for holding more than 3 1/2 million securities worth trillions of dollars . Brokerage Firm Review: Park Avenue Securities LLC, Park Avenue Securities LLC Has Many Different Regulatory Problems, A BRIEF OVERVIEW OF SOME OF THE REGULATORY PROBLEMS PARK AVENUE SECURITIES HAS FACED OVER THE YEARS*, Park Avenue Securities Customer Complaints. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. . Caswell also serves as the President of Guardians wholly owned subsidiary, Innovative Underwriters (IU), a full-service brokerage general agency committed to helping FRs serve their clients with access to non-proprietary products. Your trusted wealth management destination. FINRA data last verified February 17, 2023. clears via dtc 0015 clears via dtc 0418 dealerweb/hilliard farber & co., inc. hilliard farber . >> /Type /Pages Why does your firm believe in offering commission-based services to clients? Fee Structure. 26. What does this mean? endstream /FontDescriptor 5 0 R endobj Park Avenue Securities consented toa censure for this, in addition to paying restitution in the amount of $640,552. /Ascent 905 /LastChar 255 /Name /F1 << 556 556 333 500 277 556 500 722 556 222 222 500 222 833 556 556 610 610 610 610 610 556 610 556 /ItalicAngle 0 Find top employees, contact details and business statistics at RocketReach. For further detail, see our articles on different types of advisors and financial advisor services. /Subtype /TrueType I have had the pleasure of working with Robert for over five years now, and every interaction with him reminds me that he is smart, quick, responsive and a consummate professional. At the Law Offices of Robert Wayne Pearce, we have investigated Park Avenue Securities, its regulatory and customer complaints, and have also represented investors with claims of fraud, negligence, and breach of fiduciary duty against this organization and its financial advisors. February 27, 2023 . Should I Hire a Financial Advisor or DIY It? While this allows for a broader range of investment options and management styles to be offered by a firm, it can create an incentive for the firm to put their financial interests ahead of your own. /CIDToGIDMap /Identity Find Out More About Park Avenue Securitiesor follow us on LinkedIn. Park Avenue Securities Review. Whether its building a long-term investment strategy for retirement, saving for college,or capital preservation, at Park Avenue Securities, we provide financial professionalswith the products and tools to help you step forward to take charge of your financial future and achieve financial success. 556 556 556 556 556 556 556 556 This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. 556 556 556 556 556 556 556 548 Learn more. FINRA imposed a censure and fine of $195,000 for those supervisory lapses. Fees & Compensation. for specific information regarding your individual situation. MERRILL LYNCH DTC #5198. What does this mean and why is it important? Website. Today,the firm exists as a wholly owned subsidiary of The Guardian Life Insurance Company of America, a life insurance and annuity company. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information. /FontName /Arial 277 333 556 556 556 556 259 556 It is now one of the 50 largest independent broker-dealer and investment advisory firms in the United States. 556 556 556 556 556 556 889 556 The opinions expressed and What does this mean? 556 0 222 556 333 1000 556 556 Get the latest business insights from Dun & Bradstreet. Whether its building a long-term investment strategy for retirement, saving for college,or capital preservation, at Park Avenue Securities, we provide financial professionalswith the products and tools to help you step forward to take charge of your financial future and achieve financial success. What does this mean and why is it important? 2014041679201 (Oct. 19, 2015). The Law Offices of Robert Wayne Pearce, P.A. 600 600 600 600 600 0 600 600 Member FINRA, SIPC. Check the background of Park Avenue Securities and your financial professional on FINRAs BrokerCheck, 2017 Park Avenue Securities LLC. File A Claim To Recover Your Investment Losses At Park Avenue Securities LLC Due To John Kwit. Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. PARK AVENUE SECURITIES LLC is a Connecticut LLC filed on August 19, 1999. Park Avenue Securities was required but failed to disclose in its Form ADV or otherwise the conflicts of interest related to (a) its receipt of 12b-1 fees, and/or (b) its selection of mutual fund share classes that pay such fees. Some firms receive these fees as payments, which creates an incentive to promote them. If you are lucky enough to be referred to Bob, I wouldn't look any further. The SEC Ordered Park Avenue Securities to cease-and-desist from those violations, censured the investment advisory firm and ordered it to pay over one half million dollars in disgorgement and prejudgment interest to the affected investors. "Trusted by investor.com" status is reserved to those financial advisor firms meeting investor.com's strict requirements, beginning with earning no less than a 4.5 to 5 -star rating based on investor.com's independent Trust algorithm analysis. Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. endobj Prior to her new role, she was Head of Practice Development in Agency Distribution where she provided Guardians Financial Representatives (FR) and their practices with critical strategies and development opportunities to grow their businesses. 666 666 666 666 666 666 1000 722 333 333 389 583 277 333 277 277 Independent broker-dealers are notorious for their lax supervisory practices and procedures. Park Avenue Securities has been repeatedly censured, warned, and fined over $1.5 million for its own misconduct and failure to supervise its army of financial advisors. Park Avenue Securities LLC (PAS) is a wholly-owned subsidiary of The Guardian Life Insurance Company of America, which has a rich heritage . /Encoding /WinAnsiEncoding << Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. Grappling with lingering rate hike concerns. 20 Bicentennial Cir Ste 100. Park Avenue Securities is a dually registered broker-dealer and investment advisory firm with billions of dollars in client assets under management (AUM). . Questions to ask According to the AWC, Park Avenue Securities neglected to . We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. << As a consumer advocacy project, investor.com does not charge any licensing fees for earned state accolade badges. Park Avenue Securities | 2,349 followers on LinkedIn. Located in New York City, thisfee-based firm provides a number of investment advisory programs that these clients can take advantage of. As a result of these deficiencies, FINRA discovered Park Avenue Securities failed to detect the unauthorized sales of securities and the wiring of funds by a Park Avenue Securities unregistered administrative assistant who misappropriated approximately $255,300 from the Park Avenue Securities accounts of two elderly customers over a period of more than three years. PARK AVENUE SECURITIES LLC. Will any of my assets be invested in those products? Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, retirement planning, and more. This differs from a typical financial advisory firm that has its own set of on-staff advisors. While each of these companies provides the platform behind your financial professionalto help execute on your strategy, you benefit from the independence and entrepreneurialism we afford your financial professional at Park AvenueSecurities. Questions to ask << SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Experienced Financial Professional Careers, Check the background of Park Avenue Securities and your financial professional on FINRAs BrokerCheck. 1 0 obj 666 666 666 666 277 277 277 277 The firm's website is not secure by modern internet standards. For Media Inquiries, Contact: OSJ: 5280 Carroll Canyon Road, Ste 300 San Diego CA 92121, United States (619) 684-6400PAS is a wholly-owned subsidiary of The Guardian Life Insurance Company of America (Guardian), New York, NY. Generally, your account may invest in mutual funds, ETFs, closed-end funds, separately managed accounts (SMAs), individual stocks and bonds and more. As a result, FINRA concluded Park Avenue Securities violated NASD Conduct Rule 3010, FINRA Rule 3110, and FINRA Rule 2010 and imposed a censure upon the brokerage and ordered it to provide a remediation to Eligible Customers and make restitution. What does this mean and why is this important? At Park Avenue Securities, our Financial Professionals can: This holiday-shortened week was another losing one for the stock market. 15 0 obj 333 736 370 556 583 0 736 552 The SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. Guardian Life 600 600 600 600 600 600 600 600 ", Broker & Financial Advisor Representation, Securities and Exchange Commission (SEC) Defense, CFTC Investigations & Enforcement Proceedings, Florida-OFR Investigations & Enforcement Proceedings, NFA Investigations & Enforcement Proceedings, Mismanagement of Trusts & Investment Accounts, North American Securities Administrators Association (NASAA), Antoinette Lawrence of Park Avenue Securities LLC, Christopher DeYoung of Park Avenue Securities, Michael Mueller formerly with Park Avenue Securities, Catherine Kennedy of Park Avenue Securities LLC, Michael Koehn of Park Avenue Securities LLC, James Breslin formerly with Park Avenue Securities LLC. Suite 1C 600 600 600 600 600 600 600 600 16 0 obj Caswell is dedicated to raising awareness for childhood cancer research and has previously served on the board for the Association for Research of Childhood Cancer in Buffalo. /FontName /Arial Questions to ask /Descent 211 /CapHeight 500 Securities products and advisory services offered through Park Avenue Securities LLC (PAS), member FINRA, SIPC. 6 0 obj Bob is one of the few very best lawyers I have worked with during my 30 year career. 610 610 389 556 333 610 556 777 Lets discuss your case and see what we can do to help you get the compensation you need and deserve. February 27, 2023 new bill passed in nj for inmates 2022 No Comments . 666 666 610 277 277 277 469 556 There may be no one onsite to detect forgeries of clients signatures on documents, the placement of inaccurate information about a clients investment objectives and financial condition to document the suitability of a particular investment recommendation. This relationship may introduce bias where a firm or related person recommends certain securities with which they are affiliated, rather than others that may have higher returns. /Ascent 898 277 277 354 556 556 889 666 190 Park Avenue Securities can trace its roots back to 1990, though it wasn't until 2000 that the firm registered with the U.S. Securities and Exchange Commission (SEC) as a federal investment advisor. The registered representatives of these independent broker-dealers generally operate as separately incorporated businesses. OSJ: 333 N Indian Hills Blvd, Claremont, CA 91711, Ph: 909-399-1100. /BaseFont /Arial,Bold What does this mean? Generally, there is no immediate review of new accounts opened, securities transactions, business records, cash or securities receipts and deliveries, correspondence and business activities unrelated to the securities brokerage operation at these independent brokerage firms. Investment advisory representatives (IARs)of the firm manage these programs on behalf of clients. As your financial objectives change, though, your advisor will amend your portfolio to reflect them. 600 600 600 600 600 600 600 600 endobj /Subtype /TrueType 610 277 277 556 277 889 610 610 lisa left eye zodiac sign Search. They are not devoted full-time supervisors of the smaller branch offices. endobj What does this mean? 666 666 666 666 277 277 277 277 /FontBBox [ -628 -376 2000 1056 ] There are no guarantees that working with an adviser will yield positive returns. endobj PAS is a wholly-owned subsidiary of Guardian. Cities where $1 million lasted the longest ranked the highest in the study. 333 333 389 583 277 333 277 277 1015 666 666 722 722 666 610 777 The lax supervision leaves investors who have transferred their accounts to the smaller independent broker-dealer vulnerable to sales of securities that have not been reviewed or authorized by anyone other than the sales representative earning a commission. Incline Village, PARK AVENUE SECURITIES LLC . /Kids [28 0 R 34 0 R 39 0 R 44 0 R 47 0 R 50 0 R 53 0 R 56 0 R 59 0 R 62 0 R 65 0 R 68 0 R 71 0 R 74 0 R 77 0 R 80 0 R 83 0 R 86 0 R 89 0 R 92 0 R 95 0 R 98 0 R 101 0 R 104 0 R 107 0 R 110 0 R 113 0 R 116 0 R 119 0 R 122 0 R 125 0 R 128 0 R 131 0 R 134 0 R 137 0 R 140 0 R 143 0 R 146 0 R 149 0 R 152 0 R 155 0 R 158 0 R 161 0 R 164 0 R 167 0 R 170 0 R 173 0 R 176 0 R 179 0 R 182 0 R 185 0 R 188 0 R 191 0 R 194 0 R 197 0 R 200 0 R 203 0 R 206 0 R 209 0 R 212 0 R 215 0 R 218 0 R ] Its independent broker-dealer Business Model has grown through acquisition and organic development of primarily one and two person registered representative offices supervised remotely. Here's a breakdown: Park Avenue Securities offers both its own proprietary investment programs and third-party investment programs. 0 277 277 500 500 350 556 1000 Participation in the Certification program, including the payment of an annual fee to investor.com, does not guarantee or in any way bias investor.com's decision to award "Trusted by investor.com" status, and "Trusted by investor.com" status shall not constitute or be construed as an endorsement of any firm by investor.com. No matter which stage you're at, Sedway Financial will help you establish an investing approach that fits your circumstances. Your business is the culmination of a lot of hard work, long nights, and big dreams. The securities attorneys at The Law Offices of Robert Wayne Pearce, P.A., have helped countless investors over the last 40 years recover the losses from their investment accounts that were caused by broker negligence or misconduct. Our commitments rest on a strong financial foundation, which at year-end 2019 included $9.3 billion in capital and $1.7 billion in operating income. By providing this content, Park Avenue Securities LLC is not undertaking to provide any recommendations or investment advice regarding any specific account type, service, investment strategy or product to any specific individual or situation, or to otherwise act in any fiduciary or other capacity. This section provides the listings of participants alphabetically by name and number for National Securities Clearing Corporation (NSCC). During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. Attorney Robert Wayne Pearce has over 40 years of personal experience in FINRA arbitration proceedings and knows very well how you can not only sue Park Avenue Securities in FINRA arbitration proceedings, but WIN that arbitration. 666 666 666 666 277 277 277 277 333 556 556 500 556 556 277 556 Marianne has over 20 years of experience in building and leading advisory and broker dealer operations, said Lesina. 556 556 556 556 556 556 556 548 Park Avenue Securities rapid growth has not been without consequences. According to the firm's Form ADV, advisory fees are "comparable to compensation charged by other full-service firms for the same services.". 277 333 556 556 556 556 259 556 The easiest way to know if you have a viable case against Park Avenue Securities is to call Attorney Pearce at our office at800-732-2889. ymca summer camp 2022 san diego. The regulator censured the broker-dealer, fined it $300,000, and ordered it to make restitution to the affected customers in the total amount of over $443,000 for those UIT sales abuses. 600 600 600 600 600 600 600 600 In this role, she is responsible for the day-to-day operation of all facets of the business, including sales, service, underwriting, technology, and finance. Read through our introductory course to financial advisors. Home Brokerage Firm Review: Park Avenue Securities LLC. stream On the other hand, a wrap fee program combines all of these fees into a single charged rate. Park Avenue Securities also offers services such as financial planning through its Financial Representatives. This time, FINRA increased the fine from $9000 to $25,000. This FINRA investigation revealed Park Avenue Securities failure to enforce its existing supervisory procedures into areas. natixis securities americas llc 0032: deutsche bank securities inc.- stock loan 0033: commerz markets llc/fixed inc. repo & comm. For these supervisory failures, FINRA censured the broker-dealer, and fined it $175,000. Menu /FontDescriptor 15 0 R When operating in this dual capacity, advisors may be incentivized to implement plans as an attorney that could drive higher revenue for themselves as investment advisors. MetWall can qualify for up to 100% first year tax depreciation under Section 179c. Securities products/services and advisory services offered through Park Avenue Securities LLC, a registered broker-dealer and registered investment adviser. Caswell is building a comprehensive wealth management platform to help financial advisors meet the wealth management needs of their clients. ] 333 556 556 500 556 556 277 556 Attention: Michael Duffy (757-446-4056) Fax #: 757-512-6125 [email protected] Accept all uggs pink slippers Manage preferences. OSJ: 29800 Telegraph Road, Southfield, MI 48034, (810) 355-1328 PAS is a wholly owned subsidiary of The Guardian Life Insurance Company of America (Guardian), New York, NY. /LastChar 255 Park Avenue Securities is a wholly owned subsidiary of The Guardian Life Insurance Company of America and is located at 10 Hudson Yards, New York, NY 10001. 600 600 600 600 600 600 600 600 610 556 556 556 556 500 556 500 Share: 10 Hudson Yards. Park Avenue Securities has many different complaints filed by FINRA (Financial Industry Regulatory Authority), state regulatory organizations, and investors such as yourself. These Independent brokerage business operations are worrisome to the North American Securities Administrators Association (NASAA), which has documented more instances of sales abuse and consequently investor losses at these firms than the traditional brokerage firms with branch offices with on-site managers and compliance personnel. In total, Park Avenue Securities manages $10.6 billion in assets. . In addition, counsel for the two employees alleged in an email to the vice president in the firms compliance department that a member of the firms supervisory staff had suggested that the two employees destroy documents and files, and include certain information in their statements [to the firm in connection with its internal investigation], and omit other information. FINRA concluded that Park Avenue Securities conducted an inadequate investigation of its representatives involvement with Agape and of the allegations made by the two employees. /ToUnicode 17 0 R This situation may lead the firm or a related person to recommend proprietary investments and products that could generate larger commissions than other similar non-proprietary products. By providing this content, Park Avenue Securities LLC is not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. /** * Error Protection API: WP_Paused_Extensions_Storage class * * @package * @since 5.2.0 */ /** * Core class used for storing paused extensions. Letter of Acceptance Waiver and Consent No. What does this mean? View our featured weekly market perspectives. Park Avenue Securities is a wholly owned subsidiary of The Guardian Life Insurance Company of America and is located at 10 Hudson Yards, New York, NY 10001. 600 600 600 600 600 600 600 600 She led the development and execution of key initiatives, which included implementing a new business development strategy and conversion to a new clearing platform. Fees & Compensation. NASSA and other state securities regulator investigations and enforcement actions account for another 40 more BrokerCheck disclosures. For the most up-to-date information, please view the applicable SEC and FINRA reports above. For more information, please visitguardianlife.comorfollow Guardian onFacebook,LinkedIn,TwitterandYouTube. 500 500 500 333 259 333 583 0 >> Park Avenue Securities is a registered broker-dealer, investment adviser and a direct, wholly-owned subsidiary of Guardian Life. A "chill" is a limitation of certain services available for a security on deposit at The Depository Trust Company ("DTC"). A Self-Regulatory Organization has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. Park Avenue Securities is a wholly owned subsidiary of The Guardian Life Insurance Company of America and is located at 10 Hudson Yards, New York, NY 10001. /StemV 0 Firm Profile Firm Names and Locations Its fiscal year ends in December. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. >> 333 556 610 556 610 556 333 610 First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. What does this mean and why is it important? 610 556 556 556 556 500 556 500 333 333 389 583 277 333 277 277 What does this mean? According toits SEC-filed Form ADV, Park Avenue Securities has26disclosures on its record. /CapHeight 500 Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. Also, scroll over any city to learn about the cost of living in retirement for that location. We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. 0 222 222 333 333 350 556 1000 Important Disclosures | Website Terms of Use | Online Privacy Statement. Sacramento, CA 95826-2800. Park Avenue Securities is a repeat offender: there are over 8 FINRA reported disciplinary proceedings citing the firm with one form of supervisory lapses or another. >> Find company research, competitor information, contact details & financial data for Park Avenue Securities of Madison, WI. 11 0 obj 600 600 600 600 600 600 600 600 % Investor.com is your trustworthy guide to the world of personal finance. 722 277 556 722 610 833 722 777 /Flags 35 /FontDescriptor 13 0 R 666 777 722 666 610 722 666 943 << Firm or an advisory affiliate has previously been fined or ordered to cease and desist activity by the SEC or CFTC. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAssets reviews. /Descent 300 International Families JPMorgan Chase Bank N.A. endobj Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America. /FontFile2 18 0 R /StemV 0 /Count 62 How do we make money? This website is intended for general public use and is for educational purposes only. /Encoding /Identity-H /Subtype /TrueType >> /StemV 0 600 600 600 600 600 600 600 600 If youve lost money caused by Park Avenue Securities and/or its employees misconduct then the answer is, YES, you can sue Park Avenue Securities but the odds are you signed away your right to sue in court and agreed to resolve your dispute in a FINRA arbitration proceeding. These may include guidance around retirement planning, such as individual retirement accounts (IRAs), as well as education funding through 529 plans and other investments.