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/biz/ - Business & Finance


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1831603 No.1831603 [Reply] [Original]

can financial advisers be trusted?

>> No.1831634

no they can never be trusted..most of them are old granpa's with no investment ideas. i only trust advice from /biz/.

>> No.1831643

>>1831603
Get a few books from the library, read them, and save yourself thousands of fees from having to use financial advisors who have nothing but platitudes to offer.

>> No.1831692

C'mon OP, that is easy.
See how much they have, if she/he is not millionaire, stay away from them, getting advice from poor people will only lead you to poorness.

Also, don't listen to me, i am poor.

>> No.1831791
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1831791

>>1831603
Nein

>> No.1831829

Nope. Which is part of the reason I talked myself out of becoming a financial planner

>> No.1832162

>>1831603
no
they ay help you make better inancial choices )or not), but they can not be trusted.

Why else would they be fighting the fiduciary rule?

>> No.1832359

>>1831603

Nope.

Trump repealed the rule where they had to put the best interest of their clients first.

>> No.1832369

>>1831692
A while back, a guy from the local Edward Jones office came through my neighborhood knocking on doors trying to drum up business. What conclusions might one draw from this experience?