Financial planner allegedly committed fraud, now what?

Post date: 2021-01-20 19:13:15

I just found out that my financial planner allegedly stole money from one of his clients. Other than carefully reviewing my accounts, is there anything else I should be doing?

My former financial planner is this guy. In September I received an email from RBC notifying me that he would be "out of the office for a period of time". I have not received any other communication from them since. I found out about the fraud by randomly googling his name. Obviously the first thing I did was log into my accounts to review them; nothing seems amiss. But I'm wondering if there's anything else I should be doing, or if I should raise this with the bank.

More generally, how can I protect myself and my savings? I am not a knowledgeable investor or even very attentive to my accounts. I throw money into them and hope for the best. Other than say, reviewing my accounts once a month, is there anything else I should do?

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