In a recent article on his AssetBuilder website, Scott Burns writes about the financial advice industry and provides a breakdown of the different types of advisor. Bottom line: of the approximately 250,000 people that call themselves financial advisors, only 13,000 -- or approximately 5% -- work solely in the best interest of their clients. These are Registered Investment Advisors.
Who Does Your Financial Advisor Really Work For?
Who Does Your Financial Advisor Really Work…
Who Does Your Financial Advisor Really Work For?
In a recent article on his AssetBuilder website, Scott Burns writes about the financial advice industry and provides a breakdown of the different types of advisor. Bottom line: of the approximately 250,000 people that call themselves financial advisors, only 13,000 -- or approximately 5% -- work solely in the best interest of their clients. These are Registered Investment Advisors.