Don't hire the next Bernie Madoff! There are plenty of red flags to be on the alert for when meeting new investment advisors. Ask plenty of questions and make sure you feel comfortable before making a decision.
2. About Bernie Madoff
Owned a brokerage firm
Also owned an Investment Advisory firm
One time Chairman of the NASDAQ
Maintained an air of exclusivity
Mullooly Asset Management August 2013
3. What Happened?
Perpetuated a fraud over many years
“Produced” unusual returns (11% per year)
Ponzi scheme – new money paid out requests for cash
Mullooly Asset Management August 2013
4. Don’t Let This Happen to You
What are the investment returns like?
Can you check the account online?
Who do you make checks out to?
Mullooly Asset Management August 2013
5. None of the securities mentioned in this (or any) podcast or
video represent past specific recommendations of Mullooly
Asset Management.
This video is NOT a recommendation to buy or sell any of
the securities mentioned here.
If you’re relying on a podcast for investment advice, you are
likely making a huge mistake.
We strongly urge our listeners to consult with their
investment advisor before they make a decision to buy or
sell any investment.
Mullooly Asset Management August 2013
6. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net
Mullooly Asset Management August 2013
7. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net
Mullooly Asset Management August 2013