7min chapter

Money For Couples with Ramit Sethi cover image

127. “Our financial advisor almost cost us $800k. How do we fire them?”

Money For Couples with Ramit Sethi

CHAPTER

The Impact of the Fiduciary Rule on Financial Consumers

This chapter explores the fiduciary standard in finance, the opposition to it by financial institutions, and the negative consequences for consumers seeking financial advice. It also discusses Susan's skepticism towards paying someone else to manage her finances and her preference for fee-based advisors.

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