It’s every financial advisor’s worst nightmare and yet it happens all the time.
One day you come into the office and find your firm’s corporate misdeeds are splashed across the media far and wide. Once a firm’s reputation has been trashed, advisors at that firm often lose referrals that they didn’t even know about, from prospects who don’t want their account at a suspect organization.
Read the complete article “Bracing for an advisor’s worst nightmare” at On Wall Street here.
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