Category: Resources

Are Fiduciaries Really Fiduciaries in the Financial Industry

Feb 22, 2017 / Resources

Last Friday, the Wall Street Journal’s Jason Zweig wrote a timely article on the fact that many “fiduciaries” in the financial industry are not really acting as fiduciaries, meaning not acting in the best interest of their clients despite the claim they do so, which you can read here. Zweig, in his column, defines fiduciary as “someone who must put your interests ahead of his or her own. That means […]

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Know Your Investment Professional

Dec 28, 2016 / Resources

Investment professionals are very creative in marketing themselves to new customers. Some offer free seminars coupled with lunch or dinner. Some set up booths at trade shows and conventions in order to falsely imply association with, or endorsement by, a particular trade group or organization. Some even prospect for customers at church. Without the information you need, you could unknowingly trust your investments to a broker with a history of […]

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Free Investor Protection DVD from FINRA

Dec 28, 2016 / Resources

The FINRA Investor Education Foundation, in association with AARP, has produced a 60 minute investor education documentary on avoiding investment fraud. To view a trailer for the program and to order your free copy, click on the “Free DVD” link below. While on the FINRA Investor Education website, take the test to see if you are at risk of being a victim of investment fraud and read tips on how […]

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Questions to Ask When Interviewing a Trust Company

Dec 28, 2016 / Resources

Selecting a trust company is an important personal decision. Trust companies should combine conscientious client service with financial strength and significant expertise. Since trust companies are government regulated, it’s possible to inquire what ratings they received on their most recent audit. To protect yourself from the less qualified and less ethical Trust companies, you may want to pose these additional questions when interviewing trust companies: Investments How will my portfolio […]

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