3 Strategies to find out if your advisor is the next Madoff Ponzi-Scheme Architect?

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 11, 2009 -- FOR IMMEDIATE RELEASE
Detroit, Michigan (Hollywood of Midwest) (10:37am) June 12, 2009

3 Strategies to find out if your advisor is the next Madoff Ponzi-Scheme Architect?
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Discover why your assets may end up LOST like Madoff’s investment clients – for those who have ira’s, other retirement investments

Can you imagine having someone tell you that your assets are all gone? We set out to get to the truth about how an average busy family can better protect themselves from the wolf in sheep’s clothing. As stated in the New York Daily news that “his victims included Fred Wilpon and Saul Katz, co-owners of the Mets and Sterling Equities.” http://www.nydailynews.com/news/ny_crime/2008/12/13/2008-12-13_feds_say_bernard_madoffs_50_billion_ponz.html

So we wanted to get to the truth about what the average family can do. We asked Mr. Joseph J. Dadich (an Attorney and CPA) , about this scheme and how you can prevent it. He said “This puts a lot of strain on family’s who are dealing with only one advisor. They truly need a team approach since there are checks and balances.” “And as an Attorney/CPA it would have been a simple phone calls to where these investments were coming from. Some discussion as to who else had the family’s money and managing it.”

He went on to further state “So many family’s were duped by this character. Here are 3 key items you must do. One, check your financial adviros filing with the SEC and see who does the accounting/cpa work for the brokerage firm. Two, always have an attorney who can recognize whether there is one of these ponzi like schemes going on. Three, and this is critical, you must be able to recognize how to read financial statements from your brokers/financial advisors. And it needs to be independent” “Again, spend the money to get an indpenedent review by an attorney/cpa who can analyze what is going on.”

We asked him if this plan can actually work? “We actually had a client with about $348,999 in non-qualified retirement investments and when we went through our analysis we realized the advisor had guaranteed 5% every year (even in down years). This was a big red flag, we ultimately ended up having the client switch to another financial advisor and they brought us in as a team to give them that peace of mind.”

We asked our Attorney/CPA insider what can one do if they want to truly see if there advisor is in a ponzi shcheme? They definitely should get the “Independent Investment Advisor Protection Plan” ™ which is a detailed and independent (which is key) analysis to give you and your family the assurance that you will not lose your retirement money to someone like this.”

Visit Mr. Dadich’s blog at www.estateplanningsecretsrevealed.wordpress.com or contact him directly at contact@dadichlaw.com , 248.358.6965 office. Only 3 spots left for June 25th, 2009 Teleseminar where he reveals his $1 million dollar guarantee for the first time.

asset protection     bernie madoff     finance     Financial Advisors     investments     jon and kate     ponzi scheme