Video Blog: How Do I Protect Myself From Wrong-Doing By An Financial Advisor?

Attorney Jeffrey P. Coleman explains a few ways to protect yourself when dealing with financial advisors, insurance agents, or brokers.

Video Transcript:

[The] first thing you want to do to protect yourself from wrongdoing by a financial advisor is to check out their background.

There are online activities such as the BrokerCheck offered by FINRA or even the state of Florida keeps some records on brokers, insurance agents, and financial advisors. Checking that out before you do business is a good way to protect yourself.

In going forward the most important thing you want to do is make sure that what is in writing with your broker is accurate, and that involves making sure your account opening documents accurately reflect your objectives and your risk tolerance.

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