I don't know at what extend Burnham is involved in the loans. I spent last night checking out this company and it looks like they have been involved in quite a few shady deals in the past. If Burnham has been involved and considering what we have seen lately, it's definitely not good for SIAF. However, whenever a lawyer group post an article about a company they are suing, it always sound worse than it is.
BAM currently has a brokerage agreement with Schwab Advisor ServicesTM ("Schwab") for its wrap fee program and may enter into brokerage agreements with additional broker-dealers in the future.
I don't know if this says anything to those who follow L2.