Archive for March, 2012

I hope you have read Greg Smith’s letter by now. It takes a great deal of courage to do something like this. I wrote about the very same issue in one of my earlier posts:

“Hiring wrong Financial Advisor: The Big Financial advisory firms such as Goldman, Merrill, Credit Suisse and other prestigious ones are the Worst. Even the firms like Fidelity and Schwab that are portrayed as Customer Friendly are bad. Your best bet is to work with a Fee based Independent Financial Advisor.”

Now you get to hear it straight from the horse’s mouth.

But if you have been in the corporate world long enough, this shouldn’t come to you as a surprise. I have found such ethical issues with all the Fortune 100 companies that I worked for and it is not limited to financial or brokerage industry either.


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