This is a “right-on” article from Roger Wohlner.
Share it with your friends. Steve
Recently personal finance blogger extraordinaire Barbara Friedberg wrote this guest post for Happy Simple Living entitled Financial Advisors Who Get Paid To Sell Products Bother Me.
I couldn’t agree with Barbara more. While there are of course good advisors who are compensated via commissions, it would seem that an advisor who is compensated in this fashion has a built-in conflict of interest when providing clients with advice.