Remove Commission Remove Financial Market Remove Pharmaceutical Remove Wealth Advisor
article thumbnail

Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

If their sole method of compensation is a product, and/or they are taking commissions, then in reality it is less likely they are embracing all the values that the standard requires. There is such a tremendous misappropriation of the word for marketing purposes, and here is the issue is creates. Commissions are opaque.

article thumbnail

Should the CFP Board police financial advisor “bad apples”? The debate continues! (Part Two)

Sara Grillo

Salaske: What is an investment advisor? So that’s fundamentally different, and it makes it harder for us to become a profession that it is, I think for those self-governing bodies… Wright: Well, I guess the only caveat to medicine is when you get into pharmaceuticals. Securities and Exchange Commission.

CFP 59