Did you know that it's very easy to do a background check on your financial advisor? Our regulatory body, the Financial Industry Regulatory Authority (FINRA), has a database consisting of all financial advisors who are currently licensed and those who are barred from the industry. Using Broker Check, which is easily found on their website at finra.org, you can check on the history of your advisor's disclosures, fines, and complaints as well as other information such as licensing. The most difficult part is making sure you have the correct spelling of the advisor's name. In other words, is your advisor registered as Kris or Kristina? I highly recommend performing this quick search before choosing an advisor to partner with you.
Background checks on financial advisors
