When John Sileo talks identity theft, he speaks from experience. The identity theft expert was first hit by one of his clients who embezzled $300,000. Then, someone bought a house in his name. So Sileo, CEO of sileo.com and author of Privacy Means Profit, believes advisors should know how to help their clients—before disaster strikes. “We see things like Target where hundreds of millions of records were breached,” he says. "But one criminal just needs to steal one ...

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