(07-30-2019, 08:46 AM)Predator Wrote:

(07-29-2019, 10:10 PM)mikesez Wrote: The market offers more choices than just impersonal mutual funds or personal advisors that violated fiduciary rules.
There were also personal advisors that had been applying the fiduciary principle all along.  They just tend to deal with high end clients only.  There's less margin to be had when you can only give advice based on returns and not commissions, so you need the volume.
But maybe low end clients really are best off with just an impersonal mutual fund, than they are with someone skimming commissions and bank accounts off of their already undersized accounts.

I have no idea what point this rambling post is supposed to make. It's just obvious how little you actually know about the financial industry.