Buyer Beware: Here are some examples of the harm that a non-fiduciary advisor can do to you.
The following article was recently published by Bob Veres, and even though I’ve seen many stories like these first-hand, it was disturbing to read them. If you are looking for a financial advisor, you need a fiduciary — the stakes for your financial well-being are very high.
“I asked financial planning professionals if they had any stories about the harm caused by predatory recommendations from sales agents posing as advisors. The stories they tell are shocking.”