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Most investors believe brokers have fiduciary duty

Most investors believe brokers have fiduciary duty

Posted by RJ & Makay on September 16, 2010

Three out of four U.S. investors mistakenly think financial advisers at brokerage firms are required to put clients’ interests first, according to a survey released today by several consumer and financial planning organizations including the Consumer Federation of America, AARP and North American Securities Administrators Association.

“Investors are clueless ...

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aarp, consumer-federation-of-america, nancy-leamond, north-american-securities-administrators-associati, us-investers, wall-street