Advisors’ Role in Helping Clients Avoid Scams
From the Desk of Jim Eccleston at Eccleston Law LLC:
More and more individuals are falling victim to financial scams, and advisors should take steps to help clients avoid becoming a victim. This is especially true for elderly clients. The holiday season can make clients particularly vulnerable to certain schemes, such as those related to online shopping or charitable giving.
Advisors should encourage their clients to only shop at trusted retail websites and also to use a credit card instead of a debit card when shopping online. Clients should also keep an eye on account statements to make sure there is no suspicious activity. Additionally, when considering making a charitable donation, the validity of a charity should be confirmed before making a donation.
The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities Fraud, Compliance Protection, Breach of Fiduciary Duty, FINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.
Related Attorneys: James J. Eccleston
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