The Wire Transfer Call-Back: The Procedure That Stops One of the Most Preventable RIA Losses

Ask an examiner, an insurance adjuster, and a forensics firm what actually costs advisory firms money, and you get the same answer: fraudulent disbursement. Not ransomware, not nation-states — an email that says please wire $215,000 to this account for the closing, I’m traveling and can’t talk. Business email compromise is unglamorous, it is relentless, and at most firms the entire defense is one operations person’s intuition.

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