tag:blogger.com,1999:blog-5465015914589377788.post7081116859340282532..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Financial Incentives Drive Advisor BehaviourMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5465015914589377788.post-41091456387049576742009-05-12T09:23:00.000-04:002009-05-12T09:23:00.000-04:00The truth is that there are unscrupulous people in...The truth is that there are unscrupulous people in all walks of life.<br /><br />The idea of trying to encourage people to borrow money to buy funds, or switch from other mutual funds, reminds m of the mortgage brokers who convinced the elderly to refinance a mortgage they could afford to one guaranteed to result in foreclosure.<br /><br />The uninformed need to be protected.Mark Wolfingerhttp://blog.mdwoptions.com/noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-5267235620254785842009-05-12T09:06:00.000-04:002009-05-12T09:06:00.000-04:00Ray: I'd be interested in hearing about which poi...Ray: I'd be interested in hearing about which points you don't agree with. The advisor I talk about in the article is a real person (although his name isn't really Tim). So, it could be that you and he have had different experiences.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-60376367736831695582009-05-12T01:32:00.000-04:002009-05-12T01:32:00.000-04:00I agree with some points, being a mutual fund sale...I agree with some points, being a mutual fund sales rep can be very overwhelming. Advisor's always have some type of conflict of interest good ones learn how to deal with it appropriately. <br /><br />here is my post somewhat related to this:<br /><br />http://financialhighway.com/investment-advisor-conflict-of-interest-an-insider-view/Rayhttp://financialhighway.comnoreply@blogger.com