Company Information

Get to know Live Well Financial Planning

Founded in 2005 and headquartered in Richmond, Virginia, Live Well Financial, Inc. was a financial services company specializing in originating, servicing, and securitizing reverse mortgages. The company packaged these mortgages into bonds for sale to other financial institutions. However, the company collapsed and filed for Chapter 7 bankruptcy in May 2019 after the FBI raided its offices. It was revealed that its executives had engaged in a massive fraud scheme to artificially inflate the value of these bonds, ultimately causing over $200 million in losses to their counterparties.

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Live Well Financial Planning

Australia

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 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.