Tag: fiduciary
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Personal finance influencers should be regulated like advisors
When influencers recommend investments to millions, the advice is functionally indistinguishable from financial advising. Regulation hasn’t caught up, and it should.
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The Financial Advice Industry Is Built to Keep You Average
Most financial advisors don’t beat the market — they’re paid to keep clients in line. Here’s why the advice industry’s incentives reward mediocrity.
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Why financial advisors aren’t worth what you pay
A 1% advisory fee sounds modest, but compounded over decades it eats a third of your retirement. Here’s why most investors don’t need a financial advisor at all.