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Banking on Compliance: Real Stories and Strategies for Preventing Financial Exploitation

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Manage episode 495176452 series 3483726
Content provided by Midwestern Securities. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Midwestern Securities or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

How can financial institutions protect seniors from fraud, and what role does compliance really play? In this episode of Banking on Growth, Mike Graham sits down with Jeff Weber to discuss the rising threat of elder financial exploitation and the practical, real-time steps advisors and compliance officers can take to prevent it.

From romance scams to crypto cons, Jeff shares true stories from the front lines of financial fraud prevention. Learn how community banks and credit unions can use FINRA rules, internal alerts, and cross-department collaboration to stop suspicious withdrawals, train advisors to spot red flags, and build a culture where compliance is more than a checkbox—it’s a mission.

For financial advisors, program managers, compliance professionals, and community bank leaders, this is a must-watch.

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999
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Midwestern Securities is a reputable independent broker/dealer and Registered Investment Advisory firm owned and operated by community bankers and financial professionals. With a strong track record of delivering personalized attention and financial advisor coaching that helps community financial institutions take their investment services divisions to the next level, Midwestern Securities has established itself as a trusted partner in the industry.
If your bank needs a team that can help, visit https://midwesternsecurities.com/.
Member FINRA/SIPC

  continue reading

29 episodes

Artwork
iconShare
 
Manage episode 495176452 series 3483726
Content provided by Midwestern Securities. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Midwestern Securities or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

How can financial institutions protect seniors from fraud, and what role does compliance really play? In this episode of Banking on Growth, Mike Graham sits down with Jeff Weber to discuss the rising threat of elder financial exploitation and the practical, real-time steps advisors and compliance officers can take to prevent it.

From romance scams to crypto cons, Jeff shares true stories from the front lines of financial fraud prevention. Learn how community banks and credit unions can use FINRA rules, internal alerts, and cross-department collaboration to stop suspicious withdrawals, train advisors to spot red flags, and build a culture where compliance is more than a checkbox—it’s a mission.

For financial advisors, program managers, compliance professionals, and community bank leaders, this is a must-watch.

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999
-----
Midwestern Securities is a reputable independent broker/dealer and Registered Investment Advisory firm owned and operated by community bankers and financial professionals. With a strong track record of delivering personalized attention and financial advisor coaching that helps community financial institutions take their investment services divisions to the next level, Midwestern Securities has established itself as a trusted partner in the industry.
If your bank needs a team that can help, visit https://midwesternsecurities.com/.
Member FINRA/SIPC

  continue reading

29 episodes

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