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Wealth Professional | 14 Dec 2016, 08:15 AM Agree 0
A report from an investor advocacy group says that many financial advisors are actually not qualified
  • Jamie | 16 Dec 2016, 05:27 PM Agree 0
    You can always rate your Financial Advisor at:
  • Arthur C. Salzer, CFA | 18 Jan 2017, 10:03 PM Agree 0
    The industry owes it to clients to correctly differentiate between salespeople and true fiduaciary advisors.
  • Peter | 31 Mar 2017, 10:20 AM Agree 0
    Whether you are an advisor or an adviser, commissioned or salaried, have numerous industry designations after your name or none, you either have the honesty and integrity to do what is in the best interests of your clients, or you don't. It is as simple as that!

    Either you are motivated by the fear of losing your job if you do not meet your quota, or by the greed for personal financial gain, or by always doing what is in the best interests of your clients.

    Every profession is trying to "sell" you to be their services. Every financial institution is trying to "sell" you their products and services. There is absolutely nothing wrong with "selling" as long as it is in the best interests of the client and you place your clients' needs ahead of your own.

  • Arthur Salzer, CFA | 31 Mar 2017, 11:20 PM Agree 0
    It depends if the advisor is paid directly by the client and therefore has a fiduciary responsibility, or paid a commission and therefore only has a suitability responsibility. There is a vast difference.
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