Is Aiding & Abetting Securities Fraud Legal? The Fed Says, “Yes”

Posted December 11, 2015 by jeremy

The most devious forms of investor fraud are far too complex to be carried out by your broker alone. Other individuals often aid in the fraud and benefit from it. Those individuals may be auditors, stock analysts, accountants or others. Should those who aid and abet securities fraud be brought to justice? Unfortunately, according to a landmark 1994 decision by the U.S. Supreme court (Central Bank of Denver v. First Interstate Bank of Denver), defrauded investors […]

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What’s a Fee-Only Financial Planner? And Why You Need One

Posted December 6, 2015 by jeremy

How is a fee-only financial planner different? A fee-only planner is just like any other financial planner EXCEPT for a very important distinction: Fee-only financial planners do NOT get paid commissions on the products they sell. They charge a FEE for their financial advice instead. More importantly, fee-only planners do NOT get cash bonuses for selling inappropriate investments that will harm you. Fee-only planners do NOT get punished for failing to meet sales quotas. Fee-only […]

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