At Plante Moran Financial Advisors the security of your assets is very important to us. We want to advise you that the security of your accounts and the trust you have placed in us to protect your assets from fraud, from any source, is a matter we take very seriously. We feel it is important to make you aware of a recent event.
We were alerted by Charles Schwab & Co. that some of their customers received a fraudulent email requesting client information. The email stated Schwab had recently experienced a service interruption which compromised account information. Customers were requested to verify their account information by clicking on a link contained in the email. The link routes to a page that appears to be the Schwab online log-in site. In fact, the site is an exact duplicate of the Schwab site created to steal client information.
If you receive an email from Schwab, or any other custodian, requesting online verification of account information we recommend you delete it immediately. Please contact your PMFA representative to report any such questionable emails.