Are Financial Advisors Hazardous to Your Wealth?
BY MATTHEW ILLIAN Those who use the term “financial advisor” on their business cards can be split into two groups: fiduciary advisors and nonfiduciary advisors. Fiduciary advisors are legally responsible to act in your best interests, and, as the name would suggest, nonfiduciary advisors are not. I should know the difference between the two better than [...]
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