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re: Do I have a bad financial advisor?
Posted on 1/25/24 at 9:49 pm to TigerToGeaux
Posted on 1/25/24 at 9:49 pm to TigerToGeaux
quote:
They really “like” their advisor, and that matters more to them than ensuring they are getting a square deal.
How do you know they are not getting a square deal and what makes you an authority on the subject?
Posted on 2/2/24 at 10:46 pm to La Place Mike
quote:
How do you know they are not getting a square deal and what makes you an authority on the subject?
Have you seen the EJ fee structures and the financial products they push? All it takes is walking into an EJ office and feign financial ignorance and see what kind of ride they try to set you up for.
High AUM fees, high load funds, insurance products, annuities, etc.
These structures and products are tools used by salesmen masquerading as FA, Wall Street, and insurance companies to siphon money away from well-meaning, financially illiterate common folks.
I am certainly no authority, but if you are taking up for EJ then I question your motive or understanding of how they operate.
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