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Posts Tagged "Fee Only"

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Confusopoly at TIAA “If They Cry, They Buy”

Confusopoly at TIAA “If They Cry, They Buy”

Yesterday Pulitzer-prize winning author Gretchen Morgenson at the New York Times, wrote another article, New York Attorney General Subpoenas TIAA Over Sales Practices,  highlighting the confusopoly at TIAA. As we discussed earlier, the financial services industry is a confusopoly  (a term coined by Dilbert cartoonist and author Scott Adams), an industry…

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Should Dave Ramsey be Held to the Fiduciary Standard?

Should Dave Ramsey be Held to the Fiduciary Standard?

Dave Ramsey is being paid to mislead investors. Dave Ramsey tells his constituents to do business with commission brokers who sell them products in exchange for a commission. These brokers are not held to a fiduciary standard and as such are not required to put the client’s interests first. The…

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