Lots of problems and inconsistencies with arbitrators. Many do not understand the fundamentals of investing. What constitutes proper diversification with investments. How many stocks must you have in order to insulate a portfolio due to unsystematic risk. Mandatory information before an anything is purchased.
Brokers do act as fiduciaries or at least as semi-fiduciaries.
They should be held to higher standards than the basic prudent man rule. While the site covers all lawyers nationally, I am focusing on its ability to locate securities attorneys in a specific area. That said, the easiest way to determine if they are any good is to first ask what diversification is. Next, be sure they have a financial calculator because it is mandatory that one understands how money works. How they work with some examples.