TITLE

White Noise

AUTHOR(S)
Lee, Shelley A.
PUB. DATE
May 2001
SOURCE
Journal of Financial Planning;May2001, Vol. 14 Issue 5, p64
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents views of financial planners whether fees or commissions is harming the financial planning profession. According to Dick Wagner, a veteran financial planner, there is a certain intellectual, even mathematical, truth to the argument that fees may cost a client more over the long run. Sharon Kayfetz, certified financial planner, said that the code of ethics for a professional requires them to disclose all charges made with a client. It was said that fee versus commission dialogue has overtones of a variety of issues including ethics, public perception of planners, competition, disclosure, the difference in consumer cost and planner compensation, planners' business modes, even the structure of financial products.
ACCESSION #
4460107

 

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