Federal prosecutors in Philadelphia filed charges against Lee D. Weiss, alleging that Weiss committed wire fraud. According to prosecutors, Weiss, formerly an investment adviser at Family Endowment Partners in Newton, Massachusetts, stole more than $10 million from clients and used that money for personal expenses, including car payments, country club fees and sports tickets.
Jim, Stephany and the whole team were a God send. We felt like we were put into a situation where we had no advocate. Jim’s team came in with a strong, well laid out strategy on how to get our story heard. Where our outside compliance company had no ability to help, our Broker Dealer was impenitent, and the regulators were aggressive pursuing vague rules, Jim came like a barricade against an assault we did not understand. Though you pay member dues to be affiliated with FINRA and a B/D, you have no voice. The only thing that is truly heard in this un-level playing field is a bulldog’s bark like Jim’s. I would encourage anyone to call Jim and his team to find a real ally in the tough and complicated world of securities regulation. They are truly the best.