‘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.
“His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more.
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