When Financial Advisors Educate Consumers About Financial Advisors It's Like the Fox Guarding the Chicken Coop
SACRAMENTO, Calif., Nov. 13 /PRNewswire/ -- Most consumers learn about financial advisors from the same advisors who are trying to sell them investment and insurance products. Consumers hear what the advisors want them to hear, and information that negatively impacts the advisors' sales results is left out. A major financial risk is created when consumers make financial decisions that are impacted by advisor misrepresentation or omission. It's a big risk because advisors influence or control investment decisions that impact consumer...

