Now that Eduardo Diaz, a former Ocean Springs Financial Advisor, plead guilty to financial crimes against his clients, what can the people of the Mississippi Gulf Coast take away from this? Many people have questions about the industry and the people in it. Who can I trust? What can I do to protect myself? You can drastically reduce the chance of being scammed by being proactive.
Here are 3 RULES to help you avoid becoming a financial scam victim when working with a financial advisor.
There are 4 other guidelines that will go a long way in giving you added confidence about the advisor you decide to work with.
We are an independent financial service firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. Financial planning, investment advice and insurance provided through Business-owner Strategies Group, LLC a North Carolina Registered Investment Adviser and Licensed Insurance Agency d/b/a BSG Advisers. Wealth CAPS does not provide legal or tax services.