A few tips for not getting duped financially!
1. Read the fine print carefully and understand the terms before signing any document, without leaving any blanks to prevent misuse.
2. Give only "specific power of attorney" to your broker or wealth manager.
3. Give clear and precise instructions to your relationship manager, preferably in writing.
4. Investigate any suspicious transactions or trades not specifically authorized by you, file written complaints immediately and escalate them regularly if unresolved.
5. Avoid dealing with multiple bankers and brokers to keep a proper check on your investments.
1. Read the fine print carefully and understand the terms before signing any document, without leaving any blanks to prevent misuse.
2. Give only "specific power of attorney" to your broker or wealth manager.
3. Give clear and precise instructions to your relationship manager, preferably in writing.
4. Investigate any suspicious transactions or trades not specifically authorized by you, file written complaints immediately and escalate them regularly if unresolved.
5. Avoid dealing with multiple bankers and brokers to keep a proper check on your investments.