https://www.marketwatch.com/story/it-feels-slimy-my-friend-offered-to-be-my-adviser-but-didnt-tell-me-hes-paid-to-push-financial-products-can-i-trust-him-4de53a0a?mod=mw_rss_topstories
“His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more…
‘It feels slimy’: My friend offered to be my adviser, but didn’t tell me he’s paid to push financial products. Can I trust him?
Published in Business and Uncategorized
More from BusinessMore posts in Business »
- China cuts US Treasury holdings to lowest level since 2008
- OpenAI discloses new ‘concerning’ model behaviour
- Trump suggests EU-Canada associate member deal would be ‘hostile act’
- Getting to know Mr Warsh
- HSBC axes $38,000 school fee perk for new Hong Kong bankers
- Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
- Goldman pivots, now forecasts Fed rate hike in October
- Lionel Messi extends record for most goals in finals to 36
- Vitalik Buterin argues AI can enhance software security against hacking
- Congress passes sweeping US sanctions bill targeting Russia
More from UncategorizedMore posts in Uncategorized »
- China cuts US Treasury holdings to lowest level since 2008
- OpenAI discloses new ‘concerning’ model behaviour
- Trump suggests EU-Canada associate member deal would be ‘hostile act’
- Getting to know Mr Warsh
- HSBC axes $38,000 school fee perk for new Hong Kong bankers
- Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
- Goldman pivots, now forecasts Fed rate hike in October
- Lionel Messi extends record for most goals in finals to 36
- Vitalik Buterin argues AI can enhance software security against hacking
- Congress passes sweeping US sanctions bill targeting Russia