
60 - TRAP WRAP 2024
TRAP: The Real Adviser Podcast
Ethics and Evolution in Financial Services
This chapter explores the implications of Vanguard's decision to impose a minimum fee for DIY investor solutions, drawing attention to ethical dilemmas in business practices. It discusses the broader issue of 'n-shitification' in service quality and the frustrations faced by consumers with unexpected price hikes. Through reflections on personal successes and the growth of their initiative, the hosts emphasize the importance of maintaining strong ethical standards amidst shifting business landscapes.
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