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Wealth Professional | 12 Feb 2015, 11:01 AM Agree 0
The many issues plaguing the financial services business today are not the fault of advisors says one investor watchdog. The real problem lies further up the corporate ladder.
  • larry elford | 12 Feb 2015, 11:09 PM Agree 0
    Ken Kivenko is right. Advisors are simple cannon-fodder for dealers who are the true master manipulators of customers financial health. Using "perverse incentives" they can direct advisors like a symphony, pushing them in any direction, ethical or otherwise, that the dealer wishes. Most follow blindly, some do not, dealers win and if the ethical breach is revealed, the advisor is "sacrificed" as a "bad apple", and all are congratulated. The crimes against investors are systemic and systematic. The start at the top, at the dealer…regulators are the next handmaidens to the mass ripoff of almost all retail investors. This few minutes from retired TD CEO is worth seeing http://youtu.be/23xWWsGp6vU
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