William Kiely, a financial advisor, was sentenced to six years in prison for illegally appropriating funds from property investors through unauthorized transactions.
Prosecutors allege that instead of investing client's funds in business opportunities, Likhtenstein used the money for personal expenses and to make partial payments to earlier victims of the Ponzi scheme.
Start by asking about the advisor's credentials, fees, and investment philosophy to ensure alignment with your financial goals. Discuss assets, liabilities, income, and expenses openly to tailor advice. Consider specific financial goals to focus the advisor's recommendations.
