New Rules Proposed for Financial Advisors
Our next guest says that many, if not most, of the titles behind the names of people in the financial advice industry are largely meaningless. Titles such as financial advisor, financial consultant, financial planner, wealth manager. Meaningless from a legal and regulatory perspective anyway. The Securities and Exchange Commission however, has recently proposed new rules that they hope will alleviate this situation.
Mike Switzer interviews Dave Gerdt, a certified financial planner with the Hultquist Firm Advisors in Greenville, SC.