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5 ways NOT to select an investment adviser


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I sat down with an elderly couple this week. I was invited to review their current financial status and and based on my review, introduce them to a reputable asset management firm who would take additional steps to ensure the safety of funds. It was really interesting to listen to the investment decisions they had made for a couple of years. What was not interesting, was listening to tales of how they had been swindled by a particular stock broker who decided to sell off their entire portfolio of shares without their knowledge. The stock portfolio, he sold off, was worth N10m. and he didn't remit a dime back to them. Now, that's enough to give an elderly retired person a heart attack. But they survived, however, have become really wary of how to make  

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