Spotting Criminal Versus Non-Criminal Financial Advisor Behavior

Bonnie Kirchner, CFP®, MST

Those who put themselves out there as financial professionals who are actually participating in criminal behavior are not going to be easy to spot as their illicit activities are likely to be well covered. Hopefully, you now have the tools to keep your hard earned assets away from any situation that may seem peculiar, and you are certainly better off safe than sorry. Pay attention to the red flags discussed such as avoiding financial professionals who

• Cannot adequately show you where your assets will be held and in what ways they will or will not be protected.

• Provide ambiguous explanations about potential investment strategies.

• Promise unrealistically ...