RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Financial advisors cross the CFP's ethical line when they play pychotherapist, study says

Questions are raised about whether advisors have enough training

Author Elizabeth MacBride October 1, 2009 at 3:52 AM
Admin:
0 Comments
no description available
Lyle Sussman: "I am troubled by the disconnect between the (client's) need and yet the (financial advisor's) lack of training."

Related Moves

Biz Briefs: Vanguard's tax-loss harvest yields a caveat• Vermont green with envy ... of red states? • CFP Board spends $12 million on bungee metaphor • BlackRock isn't neutral on Credit Suisse • Women are the Goliath of 'David' in UK finance

Tax-loss harvest gains may have some home assembly required, says Jeff DeMaso • Adrian Johnstone is now in the driving seat at Practifi • CFP Board spending just topped $150 million • and Vermont shares some Texas thinking on ESG investing.

March 25, 2023 at 1:32 AM

The CFP Board's RIA faction sees the 100,000-member mark looming and hits back at brokerwashing; Dan Moisand is tasked with forming new division largely aimed at abusive brokers and other charlatans

Moisand, an RIA owner who has been named the new board chairman, will seek to quell an RIA uprising without losing a giant revenue source -- FINRA brokers who come with implicit 'suitability' issues

March 7, 2023 at 12:24 AM



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo