Quote:
Originally Posted by Fuzz
Not con artists. Registered, legitimate advisors in reputable agencies. Come now, you must know this happens in your industry occasionally. There are plenty of news stories over the years.
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I don’t deny that every industry has some bad actors who do nefarious things. There are a lot of layers of oversight and investor protection for that very reason, and there should be recourse to make sure that no one is left out in the cold (non-licensed and non-registered “advisors” is a whole different story).
Regardless, I’m not entirely clear on that issue as an influence for investment strategy and how people should structure portfolios.