Chapter 9. The Roles of Various Financial Institutions

When you engage with a financial advisor, you are not only entering into a relationship with that individual and his or her staff, but also creating connections to various financial institutions. How simple or complex the web of connections depends on any products with which the advisor furnishes you and what services he will be performing. Understanding the various roles of financial institutions and how they are associated with different products and services can give you clues as to whether or not you are receiving the appropriate communications and help you spot red flags should they pop up. For example, it is my understanding that my ex-husband in certain circumstances was furnishing ...

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