Quote Of The Week: How Commissions Create Broker Bias

josh brown

Josh Brown explains that when your financial consultant receives commissions for selling you products, objectivity can go out the window.

“When you sell financial products and get paid on a trans­actional basis, your bias is toward selling the products that pay the most and pushing more transactions.”

Joshua Brown, author, CNBC commentator and investment adviser who writes the Reformed Broker blog, interviewed by Pat Regnier for Money magazine.

 

The Takeaway:  With Adam Financial Associates, our clients’ best interest is all that matters. Our mission is to provide expert, objective and on-target advice and portfolio management to our clients.

Our financial planning and investment management services never involve a commission; our advice is always centered on your needs and goals.

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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