Wednesday, August 20, 2008

Native Americans fleecing........

Native American money has been getting fleeced for decades. Most tribes don't have a clue. Whether it is tribes doing bond underwritings without competive bidding, gross negligence by tribal officials in failing to negotiate lower fees in bond deals and retirement plans, lack of exposure to the equity markets or the lack of assets being managed on an absolute versus a relative basis, it goes on and on and on. I founded Native American Advisors simply because of all the carnage I saw with Native money by the federal government.

Some days I firmly believe nothing has changed.

Today was one of those days.

No comments:

Native American Advisors CHIPPEWA PARTNERS

My photo
CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173