Expertise DescriptionI have more than 45 years experience in the field of Insurance and Securities with expertise in marketing, investment, and financial planning. I have experience with annuities, common/preferred stocks, bonds, IPO's, mutual funds, due diligence (investment), variable/index annuities, life insurance/VUL's, L.P.’s, hedge funds, REITS, TIC's, options, REMICS, TINTS, mortgage backed securities & private stock offerings. I have additional knowledge of suitability, fiduciary duty, due diligence, underwriting & supervision, overreaching, churning, selling away, over-concentration/asset- allocation, modern portfolio theory analysis, stock manipulation, best execution, margin, options, mark- ups, mark-downs, on-line trading, RIA activities, control person liability, “financial suicide”, reverse churning, standard-of-care, industry custom and practice plus compliance. I have prior expert witness experience with consultations, deposition, and courtroom testimony.
Areas of Expertise
My expert witness experience includes Selling away from broker – dealer; unsuitable private placement – direct participation program sales, unsuitable variable annuities, unsuitable variable universal life insurance; lack of supervision – Securities and life insurance sales, and lack of due diligence of broker dealer.
My consulting experience includes mutual fund analysis (stock & bond), churning of securities, breach of the standard of care (fiduciary duty), failure to supervise brokerage activities, failure to perform due diligence, and failure to supervise life insurance sales.
My professional experience includes having been a V.P. of Marketing and Branch Manager of a securities firm, as well as a Financial planning Broker and Dealer.
I have had cases on ACAT transfers.
I am well qualified to testify regarding annuity suitability since I have been securities and insurance and variable contracts licensed since 1976 and am well qualified to discuss fixed, fixed index and variable annuities in arbitration or in court.
Suitability and Churning are two of my strong suits.
|B.A.||California State College at L.A.||Speech||Communication|
|Graduate||Amer. Inst. of Banking||Taxation and Finance|
|International Association of Registered Financial Consultants|
Awards & Affiliation
Partial List of Consulting Expert Witness Cases