Another reason to use fee-only advisors . . .
January 6th, 2007 Posted in Planning
Blogger JLP from All Financial Matters recently wrote about the way financial advisors use prospective client’s fears as a means to game them into buying products that offer them kickbacks in the form of commissions. I can’t tell you how many times I’ve read articles that highlight financial planners abuse of their clients trust by pushing products that offer them some form of a kickback. It really underscores the need to use fee-only advisors, and is well worth the read.
Watch Out For This Loaded Question [All Financial Matters]
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