In the article, Jon argues that stock brokers should be legally required to act as fiduciaries:
We think this is a no-brainer: OF COURSE brokers should act in the best interest of their customers – and they should be legally liable if they do not.
Predictably, brokers are against this common-sense approach. In large part, this is because it would cut into their profits.
Go read the full article and let us know what you think.
Frequently Asked Questions about Betterment
Just starting out exploring Betterment? These are the frequently asked questions that help people find their way.
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Credit unions have been a staple of American society since the 20th century. See which credit union is most popular in every state.
Women and Money: Bridge The Gap
It’s no secret that women fight more of an uphill battle than male peers in their efforts to reach personal financial goals.
Explore your first goal
This is a great place to start—an emergency fund for life's unplanned hiccups. A safety net is a conservative portfolio.
Whether it's a long way off or just around the corner, we'll help you save for the retirement you deserve.
If you want to invest and build wealth over time, then this is the goal for you. This is an excellent goal type for unknown future needs or money you plan to pass to future generations.