I had been a financial advisor with a large company for 21 years. I enjoyed having the company take care of certain things like compliance training, insurances, and access to information and experienced go-to people. There is nothing wrong with an independent advisor as long as he/she doesn't make up their own investor statements. When an advisor invests your money with a large mutual fund company or insurance company for instance, you should get a statement from that company, not one made up by the advisor. That's how Madoff ...well.. made off.
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