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UTMA/UGMA
In August 2007, 6 months after joining Edward Jones, Jonathan Gripe took over the role as Financial Adviser for Pamela Gripe from a senior Financial Advisor. Taking the role of advising his “to be” fiancée on how to invest/use her minor children’s UTMA Custodian Accounts, was undoubtedly, unethical, unprofessional, and a conflict of interest. On September 19, 2007, even though he knew the laws governing UTMA/UGMA accounts (760 ILCS 20/15) and the orders contained within Pamela Gripe’s “Judgment for... read full review »
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