CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
Wednesday, August 03, 2005
Amazing fleecing.........
The esteemed stockbrokers at Morgan Stanley were fined $6.1 million simply because the NASD, for which I was an arbitrator for about a decade (before the SEC abolished Registered Investment Advisors such as Chippewa Partners, of which I am Chairman, from being arbitrators due to our extremely unbiased opinions as to who the guilty parties are) found that 2,062 customers generated $2.8 million in fees for ZERO trading in their accounts. The public, in sheeps clothing, can't see the wolves behind all the slick advertising and Wall Street hype and hyperbole. Broker hubris is alive and well. Scary.
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