Scott Hilsen Quoted in InvestmentNews

Scott Hilsen was quoted in a recent InvestmentNews article discussing the recent SEC investigation of New York-based celebrity adviser Kenneth Starr and his alleged $30 million fraud.  Hilsen commented on the need for advisers to discuss their custodial practices with clients.  “The more open a business is about their processes and controls, the less likely it is that they’re hiding anything,” he said.  “Good companies should advertise what they do to prevent fraud.”