Money Matters: Beware the ‘financial adviser’
Important read in today’s issue of The New York Times by sometimes Marketplace Money contributor Tara Siegel Bernard: A Fancy Financial Adviser Title Does Not Ensure High Standards.
For more on the differernce between what Bernard describes as a “glorified salesman pushing a particular fund” vs. “a true investment adviser who is required to act in your best interest” watch Paddy Hirsch explain the role of a fiduciary in his Whiteboard explainer.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.