December 17, 2010
I can hardly believe this is an open question. How in the world can a 'financial advisor' NOT put the best interest of the advisee above that of the advisor's company? Of course 'customers' would assume that the advice they are being given is in their best interest, why would they not?
There should be no question whatsoever that these 'advisors' or representatives should be fiduciaries. Can we make this about the American people rather than big business just once?
Of the people, by the people, for the people - ring a bell?