Not exact matches
Unlike in
other countries, though, U.S.
advisers are not required to become fiduciaries, and many choose not to - often so they can rake in commissions for
selling you products that might not quite satisfy the «best interest of the client» standard.
An
adviser who earns a flat fee - such an hourly rate or a set percentage of your portfolio value - is much better aligned with you than an
adviser who earns commissions for
selling you particular mutual funds, insurance policies, or
other products.
A move by British regulators to ban financial
advisers from accepting commissions for
selling mutual funds and
other products after 2012 is likely to cause lot of soul searching elsewhere, including in Canada.
«I stressed that since they won't be working with an
adviser they'll need to rely on each
other if they're tempted to
sell,» Bender says.
More downside action was needed before a durable bottom was in place and with analysts such as the Aden's now saying to
sell everything, it's not unlikely that many
other advisers will quickly follow suit.
Ameriprise
advisers are also compensated for
selling 529 college - savings plans, variable annuities and
other products.
Think about this for half a second: this means that anyone following the «wisdom» of their financial
advisers, or
other so - called «experts» in finance who advocate «easing into the market» through DCA are getting
SOLD.
In particular, you might want to run away, if your stock broker, investment counselor or
other financial
adviser will get paid commissions to
sell these alternative asset class investments to you.
To better grasp how an online investment
adviser works, it's worth understanding how two
other common investment advisors — full - service firms and discountDiscount When something
sells for less than its normal price.
«This is the biggest fear for most artists for whom there is serious demand,» said Allan Schwartzman, a veteran art
adviser and curator, who, like
others involved in
selling work, described an increasingly complex interplay between contemporary artists» market value, collector base and long - term reputation.
«TCC claims 2.1 The following are examples of the types of claim which it may be appropriate to bring as TCC claims --(a) building or
other construction disputes, including claims for the enforcement of the decisions of adjudicators under the Housing Grants, Construction and Regeneration Act 1996; (b) engineering disputes; (c) claims by and against engineers, architects, surveyors, accountants and
other specialised
advisers relating to the services they provide; (d) claims by and against local authorities relating to their statutory duties concerning the development of land or the construction of buildings; (e) claims relating to the design, supply and installation of computers, computer software and related network systems; (f) claims relating to the quality of goods
sold or hired, and work done, materials supplied or services rendered; (g) claims between landlord and tenant for breach of a repairing covenant; (h) claims between neighbours, owners and occupiers of land in trespass, nuisance etc; (i) claims relating to the environment (for example, pollution cases); (j) claims arising out of fires; (k) claims involving taking of accounts where these are complicated; and (l) challenges to decisions of arbitrators in construction and engineering disputes including applications for permission to appeal and appeals.»
When paying tens or hundreds of thousands of pounds in overall commission, charges and «success fees» to a business broker, business transfer agent or
other intermediary, use these tips to ensure you get full value for your money and keep your
adviser highly motivated to get your business
sold.
Prudent financial
advisers recommend
selling off
other investments first to generate income, liquidating portfolios and reducing living expenses first before choosing a reverse mortgage.