Throughout the week, I run across articles written by other people that may be of interest to you. This week I am sharing two articles that revolve around dishonest advisors.
The first article is from fellow advisor Jeff Rose and is titled 7 Financial Advisors I Would Like to Punch in the Face. In this article, Jeff doesn’t hold back any punches (pun intended) when he discusses the different ways that advisors have defrauded people.
The second article is written by Melanie Waddell and is titled Advisor Lied to Pro Athlete About ‘VIP’ Fees: SEC. In this article Melanie discusses that a Los Angeles-based advisor deceived a professional athlete client by telling them that they were paying much less in fees than they actually were.
Nothing irks me more than dishonest people taking advantage of others. It’s ultimately why people are hesitant to use an advisor in the first place.
I would love to hear any experiences you have had in regards to working with a dishonest advisor. Feel free to share them below.
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