2017 Career Guide: Financial Services Explained
If you want to grow in age and wisdom as a financial planner, learn a little history.
Financial Services Explained, Pt. 3: The Levels of Independent Advice
In this post in our series, an explanation of the different affiliation models of professional advice-givers, aka advisors.
Flat Fees: Not as New as You Think
I know many advisors who instituted retainers but then switched back to an AUM compensation model; the benefit was to them and their clients.
Are Robo-Advisors Really Better Fiduciaries Than RIAs?
Yes, digital advice platforms offer low fees, but is that enough to make them superior fiduciaries, or even fiduciaries at all?
Financial Services Explained, Pt. 2: Conflicts of Interest
Continuing our series, we explore the issue of conflicts of interest among advisors, and how to eliminate or mitigate them.
Salespeople Tend to Do What They’re Paid to Do
In the fiduciary debate, remember that we all tend to do more of what we are incentivized to do.
Errors of Commission: AUM Fees Are Better Business
Broker-dealers' decisions to stop offering commission products in retirement accounts reopens the fees-versus-commissions debate.
Why a Fiduciary Duty Matters
Does a fiduciary duty really make a difference in the quality of the advice that retail investors get?
Financial Services Explained, Pt. 1: The Cost of Everything
In the first of a series, we look at how advisors young and old can benefit from understanding how the industry works for your clients.
Why the Wirehouses Hate the AUM Business Model
To me, the big question is why brokers continue to share their revenues with their broker-dealers.