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 year’s losses has worn off, many investors are reconsidering what their financial professionals did — or failed to do — 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.
Source: NYTimes.com
Date: 02/17/2010
Link:Â http://www.nytimes.com/2010/02/18/your-money/financial-planners/18TRUST.html?em
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?
Leave a Reply