Watch this video on YouTube Three years ago I wrote a column critical of some investing advice offered by Dave Ramsey, the radio show host who specializes in helping people follow budgets and pay off debt. I have a great deal of respect for Ramsey and recommend...
The results of the study commissioned by South Dakota Senator Tim Johnson are in: the status quo regarding government oversight of financial advisors is adequate and no change is needed. The bottom line is this: sales people touting their financial...
Watch this video on YouTube Would you be comfortable taking weight-loss advice from a dietician or a fitness trainer who was overweight? Would you trust a surgeon who was unwilling to be a patient in the hospital to which he sent his patients? Probably not. Yet...
Watch this video on YouTube Not long ago I was meeting with a couple who were relatively new clients. We were going over data on a recent mutual fund investment, and I commented that I was surprised to see the fund offered a commission of 2.25%. As a fee-only...
Lately, I’ve been asking financial professionals this question: “Should your clients care whether you’re a millionaire?” I’ve asked financial planners, financial therapists, and clients. The responses were varied, given with considerable...
