REWahoo
Give me a museum and I'll fill it. (Picasso) Give
I saw this post a few minutes ago:
Anyone else seeing this? Not that I doubt panacea for a second, but it is always good to get confirmation from multiple sources.
If this is the case, it is truly sad news. It was always nice that folks had a couple of reliable alternatives for untainted investment advice.... Fidelity has given their retail representatives "goals" that are not always consistent with client needs. For example, they now need to sell a certain amount of managed money, life insurance and annuities. They say their compensation is not affected, but in reality if they don't meet their sales goals, they are put on an "action plan" and will eventually be shown the door. Our fee-only firm recently hired one of these Fidelity reps b/c he could no longer work there in good conscience. Big win for us, big loss for them. I have money with Fidelity but I don't use them for advice.
Anyone else seeing this? Not that I doubt panacea for a second, but it is always good to get confirmation from multiple sources.