Hidden Risks With Your Aging Parent's Broker Our aging parents are vulnerable to bad advice from brokers who direct where savings go. The problem of bad brokers is worse in areas with a lot of wealthy elders. Look over your aging parents' shoulders and find out about their broker. These professionals are not required to do what is best for the client. Some are disciplined for misconduct and become repeat offenders as well. Use BrokerCheck to at least see if a record of discipline exists for the person your parent has trusted with investments. Most are honest but thousands are not.
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