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Episode 3030:
Brokers may not always have your best interests at heart, and Jeff Rose exposes the conflicts of interest that can cost you money. From hidden commissions to misleading titles, understanding these industry secrets can help you make smarter investment decisions. Learn how to protect yourself, identify trustworthy advisors, and take control of your financial future.
Read along with the original article(s) here: https://www.goodfinancialcents.com/what-your-broker-financial-advisor-wont-tell-you/
Quotes to ponder:
"Your broker might not have your best interest in mind when they make recommendations to you."
"Your broker’s success can have little relation to your own. This represents a misalignment of interests that may cause your broker to benefit at your expense."
"Brokers may be using deceptive titles to give you the wrong impression about their compensation model and qualifications."
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Optimal Finance Daily - Financial Independence and Money Advice