I have to admit that sometimes I’m embarrassed by my profession.
Despite the prevalence of financial advisors (it seems like there’s one on every corner), it’s pretty difficult to find, one who genuinely has your best interests in mind.
The majority of financial advisors either don’t have a legal obligation to act in your best interest OR have connections to financial companies that incentivize them to recommend high-cost products. Or both.
So how can you distinguish the trustworthy from the untrustworthy? Here are some key variables to consider. ... Read More.