Company Information

Get to know Live Well Financial

Founded in 2005 and headquartered in Richmond, Virginia, Live Well Financial, Inc. was a financial services company focused on the senior demographic. Its primary business was providing reverse mortgages (including FHA-insured Home Equity Conversion Mortgages - HECMs) to help older homeowners access their home equity. The company was involved in all stages of the mortgage lifecycle, from origination to servicing and packaging the loans into bonds for sale to investors. The company collapsed abruptly in 2019 due to a massive bond fraud scheme orchestrated by its executives.

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Live Well Financial

United States

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.