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7. Skeptical centers of influence.

7. Skeptical centers of influence.


Madoff was the ultimate example of an advisor who was trusted by influencers such as lawyers and accountants. Now such professionals may think twice before sending their clients your way.

Restoring the old level of trust in the industry may take something extreme, Gronich opines. “Somebody’s going to have to step up, a government agency, a self-regulatory organization or a watchdog and say, ‘We’re going to provide some due diligence and ferret out the guys you can trust.’”



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