A first-year medical student handed her dad her FAFSA login at 18 because he used to run a brokerage firm, and the whole family trusted him with money. Several years later, she found out she had $130k in loans she knew nothing about. The trust was, in retrospect, misplaced

One has to be a very specific kind of person who will look you straight in the eye, shrug, and say they have absolutely no idea what bank account you are talking about. Then, 30 seconds later, they admit they declined a deposit into that very bank account. That person, in this case, is a 79-year-old former president of a brokerage firm. A finance guy. A professional.