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How to Make Sure Your Adviser Really Puts You First
Reuters Link to more items from this source
Nov. 13, 2013

"A true fiduciary is required to put the interests of a client ahead of the fiduciary's own interests. Today, brokers under the SIFMA fold don't actually have to do that -- they simply have to make recommendations that are suitable for clients, even if they put more money in the broker's pocket than the client ends up with.... [B]rokers and fee-only financial advisers are trying to win and keep clients who have trillions of dollars in retirement assets and want help managing it. Those clients are on their own to determine whether the adviser they are using is putting them first and serving their best interests."

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