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Fee-Based Advisors May Not Always Be More Ethical By Default
Fee-based financial advisors generally operate using what are called fee-based accounts in which a client advisory fee is charged separately, and mutual funds with embedded trailers are not used. Rather, if using mutual funds, they will use a special unit class of the funds, known as ...
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This and That: Market melt-up edition
Canadian Capitalist — ... post in his take on the DALBAR study update in the Report on Business MarketBlog. Jon Chevreau’s wrote a post and a column on a tweetable financial plan: Lose debt. Join pension. Own home. Spend little. Save tons. Invest wisely. Be tax wise. Marry 4 life. Insure life. Make will. Larry MacDonald says that car makers and dealers are offering substantial sales incentives to deal with plummeting car sales. Preet notes that a “fee-based advisor” doesn’t necessarily mean a better advisor. ...

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