The Root of Financial Advisor Misconduct

New research from Professor Simon Gervais finds that commissions incentivize advisors to recommend unsuitable investments to clients

A paradox lies at the heart of the financial advice industry: the professionals we trust with our life savings are among the highest-paid yet among the least trusted in our economy, with significant records of misconduct within their ranks. While advisors should always prioritize client-investment fit, the reality is that… read more