Verified Submission
financialInvestment
#RI-69e34345·5 months ago·
1
Author avatar
Lookback: 1 year

Considering fee-based fiduciary advisor/broker

I sought clarification on advisor's compensation structure

What I wish I knew
"The potential for subconscious conflict of interests"
If I could tell you one thing
"Be cautious of advisors with multiple roles"
0
8/10
Clear regret.
The downsides outweighed what was gained.
SettledMixedSevere

Advice for Someone Facing This

Short, upvotable wisdom. The most helpful rises to the top.

No advice yet. Be the first to share wisdom.

Discussion

React, question, or discuss this decision.

Sign into join the discussion
financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.