I am pretty sure there are honest and well-meaning financial advisors too. E.g. there are valid and professional blogs/youtube channels (e.g. “The Plain Bagel”). There are some confounding factors though, in particular, pretty much anyone can call himself a financial advisor. Even if they do not know anything about finance and their only goal is to sell overpriced insurance policies.
Sure. I found one for my parents, who seems honest and gave no more advice than necessary. I suspect honest financial advisers are often individuals or small practices rather than larger firms.
(In the UK, financial advisers are (now) heavily regulated—you can’t just call yourself one.)
I am pretty sure there are honest and well-meaning financial advisors too. E.g. there are valid and professional blogs/youtube channels (e.g. “The Plain Bagel”). There are some confounding factors though, in particular, pretty much anyone can call himself a financial advisor. Even if they do not know anything about finance and their only goal is to sell overpriced insurance policies.
Sure. I found one for my parents, who seems honest and gave no more advice than necessary. I suspect honest financial advisers are often individuals or small practices rather than larger firms.
(In the UK, financial advisers are (now) heavily regulated—you can’t just call yourself one.)