teller80
DIS Veteran
- Joined
- Apr 13, 2012
Up till now we've managed our own money - picked our own funds, decided how to diversify, etc, but now that retirement is getting closer and I'm more concerned about preserving what we have and I'm wondering if we should hire a financial planner.
We met with someone yesterday and he seemed fine, but then I started thinking about Bernie and if this guy could pull something like that off. Call me paranoid, but if Bernie could fool a whole lot of people much smarter than me, how did they all get scammed? It's not just Bernie, I've heard of other investment advisers who've done the same thing, stolen clients money.
How can I make sure a financial planner is not skimming or embezzling or whatever it's called?
We met with someone yesterday and he seemed fine, but then I started thinking about Bernie and if this guy could pull something like that off. Call me paranoid, but if Bernie could fool a whole lot of people much smarter than me, how did they all get scammed? It's not just Bernie, I've heard of other investment advisers who've done the same thing, stolen clients money.
How can I make sure a financial planner is not skimming or embezzling or whatever it's called?