The White Law Group is investigating the appropriateness of UBS’ PACE program for certain investors. UBS’ PACE (Personalized Asset Consulting and Evaluation) program is a fee-based, nondiscretionary mutual fund advisory program. Although the program can benefit certain investors, fee based accounts are often a poor fit for conservative long-term investors. In these cases, unscrupulous financial advisors may recommend the PACE program because of the higher commissions they will generate. Since investors pay an annual fee (usually a percentage of the accounts value) instead of a flat fee per trade, brokers can often make more in a fee based account if the investors are not active traders. Additionally, brokers often make a higher commission if they sell their firm’s proprietary programs (like PACE).
If you have suffered investment losses in the PACE program, you may have a claim to recover those losses. The White Law Group is specifically looking at investment losses incurred in the following PACE investments:
PACE International Equity Investments
PACE Small/Medium Co Growth Equity Investments
PACE Small/Medium Co Value Equity Investments
PACE Large Co Growth Equity Investments
PACE Large Co Value Equity Investments
PACE International Emerging Markets Equity Investments
PACE Global Real Estate Investments
PACE Municipal Fixed Income Investments
PACE Strategic Fixed Income Investments
PACE Intermediate Fixed Income Investments
PACE Government Securities Fixed Income Investments
PACE International Fixed Income Investments
PACE High Yield Investments
PACE Alternative Strategies Investments
For a free consultation, please call the firm’s Chicago office at 312-238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions.
For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.