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Why useless financial advisor rankings lists should be put to rest!

Sara Grillo

To see this term blurred with the top advisor definition, it makes me mad because it implies that advisors who are selected on the basis of production – and this gives me the sense that this ranking had a lot to do with precisely that – are the best financial advisors. Selling a product does not equal financial advice.

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Transcript: Brian Hamburger

The Big Picture

You could probably build a better communications strategy. There’s not significant licensing, you know, that that takes place. RITHOLTZ: So, you mentioned Focus Financial. HAMBURGER: And you can scale it down to a single user license. Now you buy a license. You could probably build better digital tools.