West Loop Financial LLCCollapsing Arguments for Conflicted Advice – West Loop Financial LLC https://www.westloopfinancial.com Evolutionize Site Wed, 19 Aug 2020 20:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.22 Collapsing Arguments for Conflicted Advice https://www.westloopfinancial.com/2015/11/02/collapsing-arguments-for-conflicted-advice/ https://www.westloopfinancial.com/2015/11/02/collapsing-arguments-for-conflicted-advice/#respond Mon, 02 Nov 2015 09:00:49 +0000 http://evolvemypractice.com/?p=2303 I had an interesting experience recently. I gave a talk to a group of investors. In the audience were a few brokers. My presentation consisted of two basic points: 1. Send an email to your broker or financial advisor and ask them simply to confirm that they will always put your interests above their own...

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]]> I had an interesting experience recently. I gave a talk to a group of investors. In the audience were a few brokers. My presentation consisted of two basic points:

1. Send an email to your broker or financial advisor and ask them simply to confirm that they will always put your interests above their own or those of their firm.

2. Trying to “beat the market” is folly.

The conflicts issue

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