In this one-hour special, Pam Krueger and co-host Jack Gallagher pull back the veil on the opaque world of wealth management to show consumers, especially those approaching retirement, the power they now have to control their own future.
What’s going on the world of financial advice? Things are changing fast. Thanks to the internet, consumers can now see for themselves how much they really pay for financial advice. The internet also reveals conflicts of interest from advisors who work for the biggest brand names on Wall Street who are really salespeople, and the firms where they work are not fiduciaries. Technology is empowering consumers to easily find independent registered investment advisors who meet the fiduciary standard and work only for you, so that your interests come first all of the time. Now transparency is the new buzz word on Wall Street.