Brokers are Butchers, Advisors are Dieticians

HighTower, an RIA roll-up known for pulling a great deal of high profile wirehouse brokerage talent to its platform, is out with a sensational video about something I talk about in my book - the fee-only fiduciary model versus the brokerage model.

The differences in standard of care are important.

Here's HighTower's Elliot Weissbluth with a breakdown (over 3000 views and counting):

hat tip Jerry Gleeson at Investment News

 

 

 

 

 

 

 

 

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

blog comments powered by Disqus