Conflict of Interest

Written on June 25th, 2019 by James

If your advisor is selling you an investment that he/she makes a commission on, there will always be an inherent conflict of interest.  Is the investment good for the client or better for the advisor’s wallet?  This is a more extreme case where investors lost a lot of money, but I’m sure that the advisors were attracted to the 9% commission payout:

https://www.investmentnews.com/article/20190624/FREE/190629964/gpb-paid-b-ds-and-reps-steep-commissions-to-sell-troubled-private

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