As Brokerages Regroup, the Lines Are Open

Feb 25, 2009

nytimesWATCHING 40 percent of your life savings evaporate in 2008 may have left you reeling — and angry over the investment advice you have received. But there is an upside to all the turmoil: while smaller firms are lining up to lure you away, big brokerages are trying harder than ever to make sure you stay. Their pitch will probably be a variation on this: let’s talk more often.