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I’ve read about the recent scandals where financial advisors stole their client’s assets. How can I protect myself?

April 26, 2017advisors assets client financial I’ve protect read recent scandals stole

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I’ve read about the recent scandals where financial advisors stole their client’s assets. How can I protect myself?

1 Answer

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Any financial advisor you use should help you to place your assets with an independent third party custodian, where only you or a designated representative can access the assets. At Pegaesus Advisors, we use several third party custodians, including SEI Private Trust Company, Charles Schwab, Fidelity, Pershing and TD Ameritrade.