phone scam

Audio Recording of Elder Fraud

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Wonder how elder fraud starts? Yesterday and again today, the “IRS” left a dire message on our home phone, threatening to arrest us. The caller warned : “Now, if you don’t return the call, then the only thing that I can do is…wish you good luck.”


FINRA Arbitration

Should Fiduciary Advisers Swear Off Mandatory Arbitration?

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The vibe is celebratory. There are coffee, doughnuts and croissants on the side table, smiles all around the conference room. On behalf of your team, which could be inside a brokerage firm or a registered investment adviser, you push paperwork across the table to open an advisory account. Smiling, your soon-to-be client pulls out a pen and scans one of the forms. But he hesitates, and his brow furrows…


Investment Adviser Fiduciary Responsibility

An Inconvenient Observation About Fiduciaries

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An obligation to put clients’ interests first doesn’t guarantee that financial advisers will do the right thing

Years ago, my team left a large brokerage firm for the greener pastures of a fee-only registered investment adviser. While soliciting a client to follow, I explained that RIAs are fiduciaries, obligated to put the interests of their clients first.


"Glittery thrillers about fiscal malfeasance... his own improbably sexy genre."
~ Janet Maslin, The New York Times