Alts require due diligence
In the wake of fraud allegations over alternative investments, Bruce Kelly warns that advisers need to do their due diligence when choosing an alt. More: Investors defrauded by real estate guru: Finra
Financial advisers must demand first-class due diligence and analysis on the bevy of alternative investments flooding the independent-broker-dealer and registered investment adviser marketplaces.
Indeed, last week's news of fraud allegations against noted real estate investor Tony Thompson ̵
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