Compensation Drives Bad Behavior- The Fiduciary Rule
A financial advisor’s activities are not oriented to strictly an individual’s retirement accounts, for which the Fiduciary Rule applies. Mostly advisers provide more holistic advice helping piece together a plan for their clients’ future, which includes a retirement account. This is where the argument lies. The so-called ‘industry’ believes that what is deemed suitable for a client is far different than what is required when the client’s best interests are put first.
Anneka / Shutterstock.com As a longtime collector and reseller, I’m constantly on the lookout for “sleeper items” — common…