Blakely Page

Introduction:
Blakely Page, a former advisor at Bryn Mawr, was suspended by FINRA for manipulating hedge fund performance statistics.
Accusations include misrepresentation, misleading data, and breaching fiduciary duties.

The Background of the Suspension:
FINRA discovered Page provided exaggerated and misleading statistics about hedge fund returns to attract and retain investors.
Such deliberate actions undermine trust in the financial advisory industry.

Allegations of Misleading Data:
Page overstated hedge fund performance and failed to disclose associated risks.
Cherry-picked favorable statistics, creating a false sense of security for investors.

Breach of Fiduciary Duty:
Page failed to act in his clients’ best interests, a core responsibility of financial advisors.
The breach eroded trust and put clients’ financial stability at risk.

FINRA’s Findings:
The investigation revealed repeated violations of regulatory standards, leading to Page’s suspension.
The case emphasizes the importance of stricter oversight in the industry.

Impact on Clients:
Clients faced significant financial losses and emotional distress from misplaced trust.
Many are now questioning the validity of all previous advice received from Page.