Episode Summary

Frank Congemi of Benefactor Financial joins Bruce Kelly on today's episode to talk about Covid's effect on the work of financial advisers. Nearly two years into the pandemic, what has changed and will there ever be a return to normal for advisers? Lori Varnell, chief of the Tarrant County Criminal District Attorney’s Elder Financial Fraud team, chats with Bruce about elder fraud and a case that recently made waves.

Episode Notes

In this episode, you'll hear about: 

• The effects of Covid-19 on the advisory business.
• What the industry's future looks like.
• The Texas Ponzi scheme that stole $32 million from older people.
• Elder fraud and what advisers should know about it.

Related article: It’s time to radically rethink your ‘client experience’

Related article: Ex-Texas adviser gets 3 life sentences for $32 million Ponzi

This episode sponsored by the State of the Industry Podcast by Allworth Financial

One of the five fastest growing RIAs in America, Allworth is seeking new partners to grow with us. 

Listen to Allworth’s industry podcast here.

Guest Bios: 

Frank Congemi is a financial adviser with Benefactor Financial.

Lori Varnell is the chief of the Tarrant County Criminal District Attorney’s Elder Financial Fraud team in Texas.