Many consider consulting retirement planners essential. But they may skip some important advice….
From a recent story about people retiring with debt, I found an interesting statement about financial planners
Consumers are generally distrustful of people in the financial services industry. And rightly so. But not for the reason you might think. I was a financial advisor for many years and of course knew a lot of financial advisors and life insurance agents. I never met one that was intentionally dishonest. In fact, each was […]
“FINRA slapped Oppenheimer with a $2.5 million fine for failing to supervise Hotton during his time at the firm, and ordered the brokerage to pay an additional $1.25 million in restitution to 22 former clients of the advisor.” You can read headlines like the above almost weekly revealing securities firms disregard for their clients. The […]
1. they work for a large firm that pushes them to sell products and services not in your interest 2. the advisor does not understand the products and services he sells and relies on his firm for advice and training 3. the advisor has little to no background in personal financial matters or retirement issues […]