Can a financial advisor consolidate or move accounts on you without your permission??
I not only thought this was wrong to do ethically, but illegal.
I was just contacted by a woman who says her financial advisor combined her three 403b accounts into an IRA without asking her.
Could he even do that?? Do you think he got her to sign something and she is just oblivious??
I not only thought this was wrong to do ethically, but illegal.
I was just contacted by a woman who says her financial advisor combined her three 403b accounts into an IRA without asking her.
Could he even do that?? Do you think he got her to sign something and she is just oblivious??