The Mole: He Wants Consumers to Know What May Be Driving Your Recommendations

Lee, Shelley A.
April 2008
Journal of Financial Planning;Apr2008, Vol. 21 Issue 4, p20
Academic Journal
An interview with unnamed financial planner is presented. When asked about this work and the focus of his practice, he refers to being a fee-only planner and he provides financial planning in both personal and corporate planning. He also shares behind-the-scenes issues of planners and suggests that consumer should be aware of what might be driving the planners of their recommendations. He states that a profession that is being examines and critiques itself would lead to higher ethics.


Related Articles

  • The Deal. Miller, Bill // Research;Apr2009, Vol. 32 Issue 4, p80 

    The article discusses the various forms of deals and the several approach in using it in terms of financial management. It examines ways on how to choose and make a deal with broker-dealers wherein they are offering transitions packages. It suggests to consider those investment firms by their...

  • What's It Worth? Grau, David // Financial Planning;Jun2003, Vol. 33 Issue 6, p97 

    Discusses various factors that may increase or decrease the value of a financial advisory practice. Seller financing; Transaction down payment; Seller involvement; Profit margin.

  • Portfolio construction methods get thumbs down. Fielding, Zoe // Money Management;10/27/2005, Vol. 19 Issue 40, p10 

    Focuses on the survey concerning the current portfolio construction processes in Australia. Respondents of the survey; Details of the management expense ratios and recent performances of the products from dealer groups; Basic portfolios using templates from the dealer group.

  • Lucky stars. Jagtiani, Sunil // Fund Strategy;11/27/2006, p20 

    The author reflects on the performance of fund managers in Great Britain. He asserts that investment skills such intelligence, judgment, temperament and experience are good factors for the success of fund managers. Their outstanding ability and tactics in handling a fund are good contributors to...

  • Personal Financial Management. Scandlyn, joy // Chartered Accountants Journal;Oct2007, Vol. 86 Issue 9, p75 

    The article provides information on the basic principles of personal financial management. It describes the functions of managed funds as an investments that are managed by professional fund manager responsible for decision making that involves asset buying. Moreover, it introduces several...

  • Quantifying the Benefits of Diversification.  // Bank Investment Consultant;May2006, Vol. 14 Issue 5, p36 

    The article discusses strategies in assessing the benefits of diversifying an investment portfolio. Diversification, in general, is an effective method for uprising returns and reducing risks. Advisers must consider the trade off between risk and return when checking investment client's...

  • Are You Doing Financial Planning? Stevick, Glenn // Advisor Today;Jan2006, Vol. 101 Issue 1, p26 

    The article presents information on financial planning, which is defined as a process that determines the client's financial goals and provides a plan for achieving them. The process involves six steps including setting up of financial goals, gathering relevant data and analyzing it, developing...

  • Growth Trajectory: The Increasing Popularity of The Manager-of-Managers Investment Model. Naddaff, Fred // Money Management Executive;5/3/2010, Vol. 18 Issue 18, p14 

    The article discusses the manager-of-managers (MoM) investment model. It cites how MoM helps in supervising specific aspects of an investment portfolio by hiring another professional investment manager. It also states that a product's manufacturing and distribution is the focus of MoM investment...

  • The Irrational Adviser. Horwitz, Michael B. // Financial Planning;May2004, Vol. 34 Issue 5, p85 

    Recognizes the irrational beliefs of financial advisers in the financial planning practice. Vulnerability of advisers to self-doubts; Problem with the belief of advisers to gain approval from all clients; Competence of advisers.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics