Practice areas
Churning
Churning is excessive trading in your account, done to generate commissions for the broker rather than to benefit you. It most often happens where the broker controls the trading. The costs quietly drain the account, and they can be recovered.
If any of this sounds like your account, the next step costs nothing: a free, honest evaluation. Tell me what happened or call (719) 783-0303.
Common questions
Churning: what clients ask
What are the warning signs of churning?
Frequent buying and selling you did not initiate, high commissions or fees relative to the size of the account, many short-term in-and-out trades, and account value falling while the activity stays high.
How is churning proven?
With numbers from your statements. Common measures include the turnover rate, how many times the account's value was traded in a year, and the cost-to-equity ratio, how much the account had to earn just to cover trading costs. Those figures are compared against your investment goals.
Can I recover the commissions I paid?
Often, yes. Damages in a churning case can include the excessive commissions and fees as well as the losses the trading caused.
Your move
A free evaluation has no downside other than your time.
Tell me what happened. I will tell you honestly whether you have a case worth pursuing — and every way I can be paid, including contingency: nothing unless you recover.