Quote:
Originally Posted by villagetinker
I cannot help you with these firms, I use Ameriprise, my investment person is a fiduciary, his compensation comes from a yearly payment, and NOT from investments. This eliminates the temptation to steer me to one investment over another one based on compensation from the investment.
Going forward, Trump has already started to disassemble many if not all of the safeguards that were created in the wake of the 2008 financial collapse, so make sure that whomever you choose, HIS YOUR BEST INTERESTS FIRST.
There was a prior thread that had an attachment that your investment person would sign indicating his independence from external compensation, if you do a search you should find it.
Hope this helps.
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Please don't turn every financial question into a political discussion. The web site you showed supporting this position is so biased and unfactual that it is nothing more then a left wing political rag that shows every scare tactic possible.
As far as these two firms are concerned, they both charge high fee's when compared to the rest of the industry. And the rest of the industry charges to much. If you really need to use a financial advisor then find one that is fee only and not based on a % of your total invested funds. Find that agreement on here and ask anyone you hire to sign it. Most won't.