Description: THE Great Recession has intensified a long-running debate: who is better able to look out for your money, a broker or an independent adviser? Now that the shock of last yearâ€™s losses has worn off, many investors are reconsidering what their financial professionals did â€” or failed to do â€” for them. At the same time, many brokers are trying to refocus themselves as advisers. Fed by the discontented, the debate has taken on a new urgency.
Questions for discussion:
- Do you agree with the opinions expressed in this article concerning a switch in behaviors by investors?
- How would you expect the financial services industry to respond to the issues raised in this article?