Here are some links to articles to help you find such assistance. Thanks to Michelle Singletary, personal finance writer for The Washington Post. What You Need to Know About Fee-Only Financial Advisors Fee-Only Financial Planner vs. Fee-Based: What’s the Difference? Financial adviser, financial planner or robo-advisor? Here’s how to find the right help to manage…
Category: financial advisors
Maybe your financial "adviser" has been taking advantage of you
“The Securities and Exchange Commission’s program to persuade investment firms to self-report conflicts of interest has led to a settlement under which 79 firms return $125 million in fees to clients. The firms placed clients in share classes with expenses higher than those in other share classes available without disclosing that fact.” (Retirement Security SmartBrief)…
So you think you’re a good judge of financial advice?
The vast majority of financial advisers do not take advantage of their clients. BUT… “About 7 percent of U.S. advisers have misconduct records in civil or regulatory proceedings.” And previous studies have shown it is easy to cover up these bad records.Squared Away Blog’s author Kim Blanton explains the study: “A new study finds that…
So you think you’re a good judge of financial advice?
The vast majority of financial advisers do not take advantage of their clients. BUT… “About 7 percent of U.S. advisers have misconduct records in civil or regulatory proceedings.” And previous studies have shown it is easy to cover up these bad records.Squared Away Blog’s author Kim Blanton explains the study: “A new study finds that…