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re: Bernie Madoff or Other Ponzi Scheme Question
Posted on 1/18/24 at 3:24 pm to tigerforever7
Posted on 1/18/24 at 3:24 pm to tigerforever7
quote:
Thank you for the responses. Moving to my first question , if I use a Financial Advisor with a large , pretty well known institution, should I have confidence the investments are invested accordingly? Do any of you ever worry about this? How do you feel more secured?
Yes. 1st off a lot of firms don't self custody.
The ones that do are highly regulated and generally have pretty good scale. Madoff was unique in that.
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