Five veteran advisers form Socratic Wealth Advisors in Raleigh, N.C.
Nearly 2,300 suspected senior-fraud/exploitation cases reported by 61 firms in study.
The team is comprised of four-advisers, working in Paramus, N.J.
Sheik F. Khan, formerly with Ameritas in Pasadena, Calif., misled private-deal investors.
Lawrence Allen DeShelter faces 20 years in prison.
Twenty-three year veteran Anthony Joseph Verzi decides not to testify during regulator's inquiry.
DG Wealth Partners in W. Palm Beach, Fla., previously managed $1 billion in assets.
If finance exists to benefit clients, industry must advocate for change.
Low-cost funds and automatic investing programs can help narrow gap between fund performance and investors' returns.
