It should really go without saying that absolutely nobody should get into the financial game without having the number of a good financial advisor attorney. Financial advisor lawyers are invaluable in protecting yourself from all manner of schemes that may be out there. If you consult them before hand, they can even save you from having something happen in the first place, but they are especially important to your security should you actually fall for some sort of scheme.
Today, were going to illustrate some of the situations of the financial advisor attorney can prevent you from even experiencing, and which they can help you recover from should it occur. There are a lot of less than ethical people out there, and they get harder and harder to spot as time goes by. Please, I implore you to pay attention to this, especially if you’re retired and are interested in dabbling with the stock market or any other sort of investment opportunities. I for one am very tired of seeing the elderly being taken advantage of by greedy, unethical people for whom I only have words I cannot say in this article.
I am going to point out a few situations that I’ve actually seen happen in person. These are things that happen to people I knew, so were not going to discuss the big Ponzi schemes of history that have made the news. I am not going to actually identify any of these people, obviously.
One retired couple I knew, the wife, who was a very sweet and trusting person, nearly lost their house due to losing over $40,000 to a scam on the Internet. She was, as I said, and very sweet interesting lady, and she was a very devout Christian, dedicated to assuming and seeing the best in everyone. A fake online investment system managed to steal that money from them, and had they had a financial advisor attorney on call to handle the situation, they would’ve had their money back in a matter of weeks. However, they did not, and by the time they got around to finding a lawyer, sometime later, it was too late. The website had vanished in the perpetrators had scattered like rats on a sinking ship.
Another individual I knew, rest his soul, lost even more money when he hooked up with a very crooked financial advisor and stockbroker. Rather than investing the entirety of the money into the stock he chose, the broker pocketed large amounts of it and fed him false information leading them to believe that he was becoming incrementally wealthier. This gentleman only had basic cable and did not use the Internet, thus had no real way to easily verify the claims of his broker had he had financial advisor lawyers readily available, he could have taken that crooked cockroach to court. Unfortunately, that individual escaped overseas to a non-extraditing nation long before he even realized he should get a lawyer. Unfortunately, he passed away having never gotten his money back, and never seeing justice served.
Can financial advisor lawyers really help?
Yes, they can. If a has been broken, and you managed to get things moving before the perpetrators can disappear, and it does take time to do that readily, they can absolutely get you your money back. And the case of just incompetent brokers and advisors, if the lawyer is a good one, with a solid track record, they can prove incompetence and negligence, and still see justice served.
I advise that you keep a lawyer handy, one that is willing to answer questions occasionally when you have them, and run any big decisions a broker or agent suggests by the law your first, as they will spot a scam a mile away.