After 38 years in this once-great profession I have seen many players - advice execs and advisers - and many ups and downs, many broken promises. I have no doubt whatsoever in my mind of two inescapable outcomes I see by the year 2026: 1) next to zero specialist risk advisers remaining 2) less than 10,000 investment advisers left. I wish it wasn't so however the professions of financial planning and specialist risk advice has been captured by politicians possessed of their next election and the special interest groups who control them. It is beyond sad that 'client best interest' is truly not important to these 'people' - it is only the thinnest of a veneer to hide their true self absorbed intent.

Reply to article

For original story, Click Here.