FARGO – Guardian Fiduciary & Advocacy Services of Fargo, a nonprofit organization that provided guardianship and conservatorship services to vulnerable adults in the Fargo-Moorhead area for 15 years, has closed.

The organization made the announcement via a written statement.

In the statement, the organization's board of directors cited several reasons for the move, including rising operating costs, dramatically increasing insurance and bond requirements and difficulty in finding and keeping staff.

"This is a simple case of current and future expenses exceeding income," the statement said.

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