Brown Advisory

B

Several years ago I was recruited by Ryland Sumner for private wealth and investment advisory services. Brown Advisory was described as highly reputable and I was under the impression I would receive thoughtful investing guidance using the latest investment technology. I entrusted Ryland Sumner particularly and was told that he would provide direct oversight of my account. What I soon realized is that he was nothing more than a salesman who was looking to sell very specific products on commission. I was interested in sound investing that would provide reasonable returns over the long term. I was not interested in his incessant salesmanship and his attemtps to force feed me specific equities. As it turns out out, this was the high margin move for him. I eventually buckled under the pressure and made a substantial investment in a few of the stocks he claimed were “safe” but high yield products. Suffice it to say, over the next few months I lost a significant amount of my funds following Ryland Sumners directives. The SEC should also know that he tells his clients that his “well connected family” is providing him w unique information that he is then purveying to recruit clients. I told him repeatedly I did not want to get involved in any scheme that involved inside or asymetrical information – that I was looking for the analysis and sound strategic investing advice I was promised. At any rate, it was a complete nightmare working with Ryland Sumner. I still have faith in Brown Advisory but closed my account nonetheless as I did not want to get involved with a firm that had advanced Ryland as they did and wanted to preserve what was left of my funds.

This review (Brown Advisory) was originally published at Skeptic Files.

To read the full review, go to –
www.skepticfiles.org/scam/brown-advisory/

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