‘It feels slimy’: My friend offered to be my adviser, but didn’t tell me he’s paid to push financial products. Can I trust him?
“His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more.
Source: www.marketwatch.com
“His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more.