Christopher Phillips (CRD #4761544), a broker and investment adviser registered with RBC Capital Markets, is involved in a customer dispute regarding overconcentration of certain securities, according to his BrokerCheck record, accessed on December 28, 2020. On November 6, 2020, a client alleged that he suffered a net loss of more than 65% of his IRA…

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COVID-19 has had a far-reaching impact, well beyond the world of public health policy. Because people have traveled so much less in 2020, the demand for oil and gas has plummeted, leading to some rude awakenings for energy investors. For instance, David Lerner Associates’ registered representatives are facing mounting customer complaints regarding investments in energy…

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The energy sector is one of the most volatile sectors on the market, making energy securities unsuitable for most investors. According to CNBC, energy is also one of the worst-performing sectors of the past 10 years. Their report attributes its poor performance in part to growing concerns over climate change, and the growing push for…

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