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Page Title: Financial Advisors Encourage Bad Behavior
Page Description: Seeking financial advice is bad for your wealth. New research by top academics concludes that the advisor industry mostly reinforces bad behavior, rather than fixing it, even when clients start with a well-diversified, low-fee portfolio. High fees and commissions incentivize advisors to promote performance chasing and [...]
This Page is About: Intelligent Investing,Investing,Personal Finance,Retirement,financial advice,financial advisor incentives,low-cost index funds and ETFs,National Bureau of Economic Research,Portfolio Solutions
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