Jun 18, 2022
12:42:30am
12:42:30am
My recommendation would be paying for objective advice from a financial
advisor that does not have a conflict of interest.
Explain why that is a bad idea!
What harm could come from that advice?
The guys making these big commissions are salesmen more than advisors and make big bucks because they are good at selling.
They offer free advice - except as you learned in economics 101, there is no such thing as a free lunch. This turns out to be a very costly one.
Explain why that is a bad idea!
What harm could come from that advice?
The guys making these big commissions are salesmen more than advisors and make big bucks because they are good at selling.
They offer free advice - except as you learned in economics 101, there is no such thing as a free lunch. This turns out to be a very costly one.
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- Cougarbib
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I always hear this but never hear those situations, could you or someone else explain a hypothetical where it works?
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Ask him: "With respect to your advice on this whole life policy, are you a fiduciary?" and post his response here.
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The exact commission paid to the agent on the contract should be a disclosed line item on the contract.
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I'm still interested to learn your response to the several questions on this thread about whether an agent acts as a
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