While some financial advisors can be intentionally vague when detailing embedded risks to clients, others do not fully understand the risks themselves, says the author of a new book that looks at the "incestuous" relationship between Wall Street, Washington and regulatory agencies/

Either way, advisors must better explain to clients the many types of risk embedded in their investments, according to financial planner Larry Doyle, founder of DM Income Advisors, in his new book “In Bed With Wall Street.”

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