5 Ways Financial Advisers Misrepresent Themselves
A financial adviser is someone you should be able to trust, someone who has complete transparency and who is on the lookout for your best interests. But there are some using bogus titles, misrepresenting their credentials and misstating facts in order to sell you a product or service. There might even be the chance that your financial adviser isn't licensed -- or at best -- is barely qualified to give the correct advice.
The Securities and Exchange Commission has warned about such problems before, even issuing an "Investor Alert: Beware of False or Exaggerated Credentials" bulletin a few years ago. The alert warned about the dangers of encountering unlicensed or unregistered sellers of financial products and services. Here are five things to be on the lookout for when dealing with financial advice.
No. 1: Fancy titles
In the last few years there has
