Paul finds an article called “The Misguided Faith in the Fiduciary Standard” from Advisor Perspectives that agrees with something he’s been saying for years: that the fiduciary standard is not enough and allows for practices that don’t serve investors. Listen along to hear the problematic practices that have been perpetuated in the advisor community and why it’s important to be educated about investing.
How Do You Know an Investment Firm Is Right for You?
Unfortunately, it is not difficult to get into the investment industry as a financial planner with no experience and very little education.