Sat 17 April 2010 - Who owns your financial advisor?
Who actually 'owns' your financial advisor? And does this 'ownership' impact or affect their investment recommendations?
Warren Boland speaks to an independent financial advisor every second Saturday. His name is Scott Francis and he argues that the evidence suggests you should check who 'owns' your own financial advisor because an alarming 60% of recommendations flow to investments 'owned' by the same firms that 'own' the financial planner.
You can hear Scott's argument this Saturday on Weekends with Warren on 612 ABC Brisbane & ABC Local Radio Queensland.
You can read more of Scott's article here - Who's behind your financial adviser? - Eureka Report article