Excuse After Excuse

Moisand, Dan
May 2010
Journal of Financial Planning;May2010, Vol. 23 Issue 5, p32
Academic Journal
The author discusses several professional issues and excuses faced by financial planners in terms of improving the regulatory environment for financial planning practitioners. He stresses that the two most common excuses for not wanting better disclosure of compensation include exact amounts that cannot be determined ahead of time and full disclosure that will destroy the trust of clients. The author also explains the main excuses used for avoiding financial planning regulation and avoiding fiduciary obligation.


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