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Personal Finance and Investing

progree

(11,493 posts)

7. The whole "fiduciary" thing is eye-wash. So-called fiduciaries can still earn commissions and fees on what

Reply to Best_man23 (Original post)

Fri Aug 9, 2024, 09:50 AM

Aug 2024

they sell you, so while they may pledge to the moon and to the stars that they are looking out for your interest, it's simply unrealistic to be unbiased when product A provides a higher commission to the "fiduciary" than product B.

Understanding that is the most important fiduciary education you can possibly receive.

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cliffside

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Highlight:

Anyone heard of The Foundation for Fiduciary Education [View all] Best_man23 Oct 2023 OP

Why do you feel you need to learn this? bucolic_frolic Oct 2023 #2

Foundation for Fiduciary Education possible scam Ansden Nov 2023 #3

Thanks for the heads up Best_man23 Nov 2023 #4

FFE not a scam Galan Aug 2024 #5

FFE provides financial education Galan Aug 2024 #6

The whole "fiduciary" thing is eye-wash. So-called fiduciaries can still earn commissions and fees on what progree Aug 2024 #7