There are many people out there who will offer to give you financial advice. And while most of them are ethical and trustworthy, sometimes you’ll find that some advisers take action on your behalf that you might consider unethical, even though it’s totally legal. It’s important to be aware of these possible scenarios so that you can protect yourself as an investor.
We spoke with a handful of advisors to understand when actions taken by advisors slip into questionably unethical terrain. Their best advice on how to protect against every single one of these? Communicate, ask questions, and demand transparency.
Jennifer Booton | MarketWatch