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Does It Pay to Be a Whistleblower?

Cold Call

CHAPTER

The Difference Between Advisors and Brokers

The difference between advisors and brokers is that brokers are buying on behalf of their clients, advisors are just advising. Many large financial institutions have actually stopped offering both of these services to kind of avoid this problem. There's no rule against it. You just have to be very, very careful as a financial institution that you clearly disclose this and make this obvious to your client that this is something that's going on.

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