Is your adviser a Russian spy?
As if investors need anything else to worry about these days, news recently surfaced that one of the ten recently deported Russian spies was a financial adviser.
"Indeed, for the past 13 years, Ms. Murphy, whose real name is Lydia Guryev, worked as an adviser at Morea Financial Services Inc. in New York, where she reportedly earned an annual salary of $135,000. She was also a certified financial planner and a member of the New York chapter of the Financial Planning Association."
I guess it shouldn't be too surprising that the financial industry attracts more than its share of greed and corruption.
"People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction."
-- 1 Timothy 6:9
