Have you ever felt like an advisor was not really working in your best interest?

Brenda L., 57
Monticello, Minn.
“Well, now I have a good advisor who was referred to me by a friend who understands something about investments. But before that, I had been seeing a guy for only about three months, and we had only had two meetings. In the last meeting, he kept pushing variable annuities on me, but couldn’t explain why it was the best investment for me – I think he just kept talking in circles. I asked my friend what a variable annuity was, and he gave me a general definition and a referral to a new advisor. Apparently, the annuity that guy was trying to sell me had a really high commission rate, so I feel like he was acting in his own interest and that’s it.”