65-year-old IA owner/CCO charged with cherry-picking trades

Schwartz earned substantial management fees, misled the advisory client who received the better trades into thinking RRBB and Schwartz were better at managing their money than they really were, and disadvantaged their other client accounts by failing to allocate the trades in a fair and equitable manner, consistent with their fiduciary obligations to all of their advisory clients

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.