Tag: financial advice
Let’s get this out of the way first: the vast majority of financial advisers would not take advantage of you. But that doesn’t eliminate the problem of discerning whether an individual adviser can be trusted. About 7 percent of U.S. advisers have misconduct records in civil or regulatory proceedings. If someone draws an unlucky card…
Most of the 1,000 people who took the financial well-being quiz posted here last year felt content with their situations. Their well-being score averaged 16.4 out of 20 points possible on the quiz. This happy response completely conflicts with a statistically more reliable survey showing that three out of four Americans report feeling “financially stressed.”…
