Comments on: Does your financial advisor engage in “fee-ing frenzy”?

By: Fee Only Financial Advisor - Topic Research, Trends and Surveys

Fee Only Financial Advisor - Topic Research, Trends and Surveys — Wed, 03 Feb 2010 22:50:55 +0000

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By: How investors lost money: evidence from mutual fund flows « The Investment Fiduciary

Fri, 31 Jul 2009 00:20:36 +0000

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By: $4 billion bonus for Merrill Lynch executives « The Investment Scientist

$4 billion bonus for Merrill Lynch executives « The Investment Scientist — Wed, 04 Mar 2009 22:54:23 +0000

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By: David Swensen gives four-point advice to individual investors « The Investment Scientist

Wed, 04 Mar 2009 22:47:58 +0000

[...] 4. Watch out for the “fee-ing frenzy“ [...]

By: Steven Parmelee

Steven Parmelee — Fri, 27 Feb 2009 13:35:00 +0000

Well said. We are 401(k) fiduciary experts, and the same applies to fee only advisor on the rollovers…you have a fiduciary obligation to act in the best interest of your client. It’s an SEC enforcement process, not the voluntary FINRA.

A broker who is transaction based can easily be biased towards a fund that their sales manager recommends or a fund company which offers rewards…or even a slow day, where you can reshuffle the portfolio and collect commissions.

I hope lots of investors read your post