The Tuesday Tip · Financial Services
A two minute tip every Tuesday morning to protect client assets, satisfy your examiners, and stop wire fraud before it starts. Written for advisors and operations leads, not for IT departments.
What you get
A taste of it
Wire fraud starts with an email that looks exactly right. Before you send or change any wire, call the client on a number from your records and confirm the details out loud. Never trust the phone number printed in the email.
Multifactor authentication on email and custodian portals blocks the account takeovers behind most advisory losses. Start with every login that can transact or view client holdings, then extend it to the whole firm.
Your Reg S-P duties follow client data to every vendor that touches it. Keep a short list of who stores what, review each vendor security once a year, and walk away from any that cannot show proof of their controls.
Free signup
Takes ten seconds. First tip lands the next Tuesday at 8am.