Tag: commissions
May 27, 2024
For decades, I have maintained that anyone seeking a financial advisor is best served by a professional who has a fiduciary responsibility to put clients’ interests ahead of their own. One indicator of a planner’s fiduciary status is how they make their money. The way...
Oct 26, 2020
Financial advisors who charge commissions are two to eight times more likely than those who charge fees to recommend risky investments. This is the finding of a survey done by the North American Securities Administrators Association (NASAA) of 516 financial firms with...
Sep 30, 2019
Look Beyond CFP To Find Financial PlannerWatch this video on YouTube I have long recommended that consumers look for a Certified Financial Planning (CFP) certificant when shopping for a financial planner. But don’t stop there. A CFP is no guarantee that someone...
Apr 27, 2015
Fiduciary Duty is Required From Some Advisors Who Receive CommissionsWatch this video on YouTube Can a financial advisor represent your best interests and still earn a commission? Surprisingly, this can sometimes be the case. It’s up to you to find out. Being...
Apr 13, 2015
Find Out Hidden Costs of Guaranteed and No-Fee InvestmentsWatch this video on YouTube Annuities are popular investments; almost every new client I see has one. Part of any investment adviser’s due diligence is to understand the history and intentions of the...
