tag:blogger.com,1999:blog-5465015914589377788.post6861046978056544921..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Financial Advisor Self-RegulationMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5465015914589377788.post-10434764762357492472020-10-31T11:32:36.129-04:002020-10-31T11:32:36.129-04:00The comment above is partially a reply to Thicken ...The comment above is partially a reply to Thicken My Wallet's comment:<br /><br />When you buy securites under an exempt market distribution (in other words, an offering memorandum product), fees are disclosed outright in a separate document which the investor must sign and acknowledge. We should be moving towards this level of disclosure for all investments.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-17066963510730538632009-11-30T17:11:14.446-05:002009-11-30T17:11:14.446-05:00Thicken and Big Cajun Man: I like the sound of bo...Thicken and Big Cajun Man: I like the sound of both of those plans. If there is nothing wrong with the fees being charged, then they should be properly disclosed to the investor.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-8664814822421634472009-11-30T10:54:05.147-05:002009-11-30T10:54:05.147-05:00If I heard of a Financial Advisor who before selli...If I heard of a Financial Advisor who before selling a Mutual Fund to a client gave them an itemized list of:<br /><br />1) Their commissions for the sale<br />2) Any moneys they may earn later after the sale<br />3) The Mutual Funds Management fee <br /><br />(All of these expressed as actual dollar values or estimates)<br />I am not sure if I'd laugh at him or her, trust her or hire her, but it would be an interesting sales ploy.<br /><br />In the same idea, if Airlines quoted actual prices of tickets, I'd be much happier too...Big Skeptical Cajhttp://www.canajunfinances.comnoreply@blogger.com