While some clients happen to make money, that is not the primary goal here. The brokerage benefits from spreads, investment banking fees and the opportunity to unload its own inventory of shares. As a general rule, view such recommendations with skepticism. I want to be sure I can trust the broker I've been working with. The next time you're in your broker's office viewing your account on the computer screen, ask to see his or her personal account.
Most investment firms require their brokers to hold their accounts in house.
If your broker refuses, you have good justification to transfer your account. Otherwise, examine the account and discuss any discrepancies between the advice you received and the actions your broker has taken with his or her own money.