Pity the older people. They just can’t catch a break. Preyed upon by relatives, caregivers and con men, they are also, experts say, ill-equipped to choose someone to advise them on their finances.
A Finra proposal to require brokers to tell customers about bonuses and other compensation incentives they receive to join another firm drew sharp reactions after it was announced last week.
Finding the right financial planner can be a confusing process. To simplify the search, the SEC has released a new bulletin that contains tips for finding one.
An investor website is promising to give clients their first clear look under the hood of their brokerage accounts to see whether they are getting a good deal for the prices that they pay.