Here's what advisors can do if they suspect a senior is being financially abused or exploited
September 27, 2019 at 08:30 AM EDT
The biggest threat to your clients' hard-earned savings might be closer to home than you think. Seniors over age 70 lost an average of $41,800 to elder financial abuse, according to the U.S. Consumer Financial Protection Bureau. How advisors can protect their clients.