Updated Thursday, November 27, 2014 as of 2:35 PM ET

4 Elite IBDs You May Not Know

Sometimes size isn't all that matters.

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Comments (3)
Andrew, to whom is the word "advisors" referring to in this article:

1. registered representatives (RRs that work for broker/dealers)
2. investment adviser representatives (IARs that work for RIAs)

I'm guessing that it is referring to the wolves (RRs) cloaked in authentic-looking sheepskin (masquerading as advisors). Am I correct?
Posted by Teresa V | Monday, July 21 2014 at 2:01PM ET
Teresa,

This may come as a shock to you: the manner in which an individual chooses to take their compensation is no indication of the moral or ethical business practices of that individual.

It is also no indication of the level of experience, education, or expertise that individual commands. BTW: The CFP mark is becoming less and less of an indicator of competence. The only true conclusion an investor can make about a CFP designee is that the designee could pass the final.

I've met a lot of wonderful fee only planners over the course of my career. I've met many more who aren't qualified to wash cars but think they are God's gift to the world solely because of their compensation structure.
Posted by Robert R | Saturday, July 26 2014 at 9:14AM ET
Great reply Robert
Posted by Tony M | Wednesday, July 30 2014 at 12:30PM ET
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