|Home History Information Secretariat Contact|
Are You Confident That Your Financial Advisor Is Working In Your Best Interests
You would think that a financial professional dispensing financial advice would be required to put their clients' interests before their own.
But according to an article by Kara McGuire, in reality, that's not the way it works. "Today, broker-dealers fall under what's called a ˜suitability" standard, meaning they must suggest investments that are appropriate for their clients, but could pick a suitable investment that also happens to earn them the highest commission."
Registered investment advisers, on the other hand, must adhere by the "fiduciary" standard, which requires them to think of their clients above all else, including their own wallets.
A little bit confusing? Adding even more to the confusion, McGuire goes on that a financial adviser, or planner, or consultant, or whatever their title, can be both a broker and an adviser, depending on the type of financial transaction they're conducting. Doesn't that make you feel secure about your retirement planning!
The Securities and Exchange Commission (SEC) agrees that the current system leaves average investors scratching their heads. In a highly anticipated report released a week ago, the SEC staff recommended that the commissioners create rules requiring anyone dispensing financial advice to be governed by the fiduciary standard.
"Under a uniform fiduciary standard, retail investors can be made more confident in the integrity of the advice they receive as they invest for their own and their families' critical financial goals," the SEC wrote.
Surprisingly, the report received a positive response from the broker-dealer trade group, the Securities Industry and Financial Markets Association. "It will mean that individual investors can walk into any financial institution and talk to any wealth management professional and know that regardless of who they're dealing with, they will have the same level of protection," said John Taft, chairman of the trade group and CEO of Minneapolis-based RBC Wealth Management.
Until there is a fiduciary standard, one solution to finding an objective and trustworthy advisor is the The National Alliance of Objective Financial Advisors (NAOFA). This organization pre-screens America's top advisors for you.
A History Of Office Administration Australian Immigration Cuts Brisbanes Basic Administration For Citrix Netscaler 9 2 Basic Cadet Training United States Air Force Be A Hogwarts Student In Your Celebrity Dresses On Academy Awards Citrix Xenapp 65 Advanced Administration College Party Scene Gets College Students Need To Party Comboapp Introduces Purely Scalable Education Condos For Students Creativity Is Just Like Dissertation Writing With True Download And Share Research Easy Mathematics Enterprise Mathematics Essentials Of Vedic Mathematics Exam A24 Citrix Xenserver 56 Administration Financial Aid Options For College Five Secrets From The Experts Flying Academy India Explore The World Freshers Week A Seven Day Party Hmb Oddity Muscle Building How Plagiarism Hurts Students How To Prepare For Basic Learning Mathematics Through Memorising Live After University Mathematics And Faith Mathematics And Religion Mathematics And The Benefit Of Music Mathematics Base And Fun Game Mistakes In Conducting Online Nightclubs In Edinburgh Party Online Mathematics Tutorials Outlining An Authentic Research Paper Overview Of The Postgraduate Certificate In Business Panda Research Scam Debunked Reach Extreme Heights With Remote Database Administration Oracle Support Research Paper Topics Make Research Paper Writing Services Six Strategies To Connect With Snia Storage Networking Management Administration Student Academy Award Winners Have Big Impact Student Credit Card Debt Help Student Life After Classes Student Loan Consolidation – Help Students Discount And Other Students Unions Advantages And Disadvantages The Best Film Academy Oscar The Best Solutions For The Latest The Ethics Of Phase 1 Research The Importance Of Getting The Importance Of Market Research In Advertising The Importance Of Time The Mres Clinical Research Masters Course Top 12 Ways To Motivate Students Tutoring Benefits Students Outside What Can High Traffic Academy Do For You Xsan 2 Administration Exam
Accredited Stem Cell Banks Advantages Of Investing In Gold Are You Confident Are You Ready To Invest Authentic Marketing Invest In Yourself Auto Insurance Brokers And Financial Advisors Banks And Banking Conversations Banks And Short run Cost Banks Retail Banking Services Benefits Of Real Estate Business And Investment Best Mutual Funds Best Singapore Banks And Their Services Central Banks And Modern Denver Finance Jobs For Personal Effective Business Card Design Efficient Financial Advisors And Planners Fee Only Financial Advisors Finding A Financial Advisor Finding Land And Lots To Invest Five Reasons To Invest With Business Four Reasons To Invest In Apartment Hidden Dangers Of Investing High Return Investment In Pakistan Historical Mutual Fund Performance Charts Are Hard How Do I Invest How Much Gold Should We Invest How To Buy Mutual Funds How To Decide The Best How To Invest In Dirt How To Invest In Gold How To Select Top Mutual Intrust Advisors Independent Financial Invest In A Food Franchise Invest In Graphic Design And Branding Invest In Mutual Funds And Let Someone Invest In Mutual Funds Latest Trends Of Mutual Funds In India Make Profit From Land Investment Mutual Fund Pros Mutual Funds And Their Benefits Reasons To Invest In Silver Jewelleries Reasons Why Central Banks Buy Gold Role Of Gramin Banks In Indian Running A Business Without A Server The Benefits Of Acquiring An Investment The Benefits Of Banks Top 5 Reasons To Invest In Property Top 6 Land Investment Myths Debunked Tulum Real Estate Is the Time Uk Land Investment – Low Risk Understanding Growth Mutual Fund Investment Understanding Your Banking Options Want To Invest In Real Why Aspiring Financial Advisors Attend Cefa Why Invest In Real Estate Why People Should Invest Why Should We Invest Why To Invest In Land During Why Your Business Should
©Kocaeli üniversitesi Umuttepe Yerleskesi
La llegada de Javier Cardenas a Television Espanola ha sentado precisamente bien.
Phone: +90 (262) 303 10 00 / Fax: +90 (262) 303 10 33