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  • Colleen MacFarlane

Errant ex-adviser lost client $2M

Listen up everyone: Pay Attention or Pay Dearly! Know how your advisor is managing your money! The SEC has handed down a 10-year prohibition against an investment advisor who it said lost his clients millions of dollars after putting them in private placements that were unsuitable for them. According to Investment News publication, Jacob Glick is a former advisor representative with Advanced Practice Advisors. He was terminated for reckless disregard for determining client suitability. He has since ceased working in the securities industry.



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