Financial experts are a key element in the mutual fund industry. If they’re expert and unbiased, they’re worth every penny they earn. Unfortunately, the mutual fund industry works against finding such a person. Here’s what to do.
Conventional wisdom says that your broker should have your best interest first in mind and should know more than you do. But when a financial advisor or broker’s compensation is connected to which funds pay the most fees, how could they be completely objective? They can no longer be unbiased. They no longer put the client’s interests first. This is systemic. This hurts you as an investor. Continue reading ‘The Financial Advisor’s Dilemma’ »
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