Thomas D. Giachetti, Chair of Stark & Stark’s Securities Group, co-authored the article, Forgivable Loans From Wirehouses or Captive Broker-Dealer Firms, as part of the Charles Schawb report, A Case For Starting or Joining a Registered Investment Advisory (RIA) Firm.

The report offers information for investment professionals and explores some of the options available to advisors who may be considering changing from their current broker-dealer environment. Though a forgivable loan from a wirehouse or independent broker-dealer firm can look attractive, in their article, Mr. Giachetti discusses the potential downsides of forgivable loans advisors may face when moving to another large financial institution.

You can read the full article online here. (PDF)