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Sorry, Who Is It That’s Suffering? Advocis Doesn’t Want Embedded Commissions Banned, Because Financial Advisors Will Suffer

by | Jul 9, 2014 | Banning Embedded Commissions in Mutual Funds, Blog, Fee Only Financial Planning, Personal Finance

Sometimes, someone says something that is so egregiously wrong that it can’t be ignored. Take, for example, this piece, published this afternoon on Advisor.ca, an online magazine for financial advisors in the investment and insurance industries, which elicited this...

An Admittedly Biased Argument in Favour of Banning Embedded Commissions and Instituting a Fiduciary Standard

by | Jun 26, 2013 | Banning Embedded Commissions in Mutual Funds, Blog, Fee Only Financial Planning, Fiduciary Standard, Personal Finance

The point: I stand to benefit if embedded commissions in mutual funds are banned, and if a fiduciary standard for advisors is enacted. I don’t think it invalidates my argument, but – unlike some of the voices clamouring against the increased safety for...