E&O Insurance for Wealth Managers | What Is It? Who Needs It? Why Is It Needed?
E&O insurance, also known as Errors & Omissions insurance and professional liability insurance, is crucial for wealth management firms and the wealth managers working within those firms. It offers protection against claims from dissatisfied clients and others who may allege that an error or other wrongful act resulted in financial loss. Even with meticulous precautions … Read More