“After two days in the hospital,” comic W.C. Fields once quipped, “I took a turn for the nurse.” Given the number of sanctioned advisors I read about these days, perhaps financial services professionals, both men and women, should also take a “turn for the nurse.” Here’s why.
For 11 straight years, America’s nurses have placed first in Gallup’s annual Honesty and Ethics Survey. Its most recent study (2010) revealed that 81 percent of Americans say nurses have “very high” or “high” honesty and ethical standards, and only 1 percent rated them as being very low. Nurses rated substantially higher than other well-respected professionals such as military officers, pharmacists, grade-school teachers and medical doctors.
The reputation of America’s nurses put the lowest-ranking professions to shame. For instance, only 7 percent of Americans surveyed rated automobile salespeople as having “very high” or “high” ethical standards. Members of Congress were rated only marginally higher at 9 percent, and advertising professionals came in at 11 percent.
Doing something right