Unfortunately, there have been an increase in reports of senior citizens being taken advantage of. There are various ways seniors are being taken advantage of, but one strikes particular interest with our firm; the deceptive and unfair methods of some Financial Advisors.
Being an Elder Care and Disability Law Firm, we are constantly in contact and working closely with Financial Advisors. They are a vital resource not only for us, but for our clients. We are confident in the Financial Advisors that we work with, but it is a shame that not many out there are honoring their commitment and efforts to help families.
In the link provided below there are a list of guidelines that the Consumer Financial Protection Bureau suggest to seniors to follow to avoid choosing a bad financial advisor or product
Click Here
It is important to be aware and alert to suspicious activity. Senior abuse is a crime and will not go untolerated. If you suspect any senior abuse being taken place please contact the Department of Health and Services.
For more resources and information on senior abuse you may also check out the website National Center for Elder Abuse.